Applicant Name: ReservoirDAO
Individual/Organization : Organization
Tally profile : Tally | ReservoirDAO
Delegate platform: Link to existing Delegate post
Applicant summary:
Reservoir DAO has been deeply involved in the growth and development of the Compound Platform for the past 2 years. Over time, we expanded Compound to multiple chains (OP, Linea ), launched multiple markets on existing chains - ex USDT markets, USDC and ETH markets.
We’ve helped Compound stay at pace with the industry developments with securing investments from chains (More than $4M in incentives secured), with industry trends like LRTs and BTC LSTs.
ReservoirDAO has significantly contributed to the governance landscape of Compound with authoring and executing multiple proposals like Proposals 258, 259, 264, 262, 263, 269, 268, 265, 273, 275, 276, 277, 278, 280, 283, 284, 285, 286 have all been planned and executed.
Finally, ReservoirDAO team has acted to protect the interests of the Community and resolve disputes. We stopped $25M worth of funds from being withdrawn from the DAO treasury highlights the team’s capability to turn challenges into opportunities.