Thank you to everyone who was able to join the community call today! I’ve posted notes from the call below. You can also listen to a recording of the call here.
Compound Developer Community Call Notes
Wednesday, December 9, 2020
Tarun Chitra - Update on Gauntlet’s COMP grant/vesting proposal (Starts at 2:31)
- Tarun shared an update on the COMP grant and vesting proposals, which have been separated into individual proposals per feedback from the community. The COMP grant proposal successfully passed a governance vote on December 5th, and awarded Gauntlet with 1,000 COMP to cover the development and audit cost for these proposals. Gauntlet now plans to test the COMP vesting parameters on a testnet and host a line by line code walkthrough of the proposal sometime in the near future. Details for the code review will be posted in the community forum in the coming weeks. Please let Tarun know if you have any feedback on the vesting pull request, as well as the overall strategy for testing the changes. Resources: Vesting and Grants PR, Grants Only PR, Grant Forum Post, Vesting Forum Post
Wesley van Heije - Protocol development pipeline with Tokenlog (Starts at 7:45)
- Wesley discussed his project Tokenlog, which allows tokenholders to actively signal which development topics are important to them, rather than just voting on individual proposals in the governance voting process. Tokenlog connects to Github and your Ethereum wallet, so you can use your COMP to directly vote on issues and pull requests. Wesley is looking for community feedback on Tokenlog, so check out the beta version of the project and the slide deck and let him know your thoughts.
Dennison Bertram - Tally’s DeFi governance portal (starts at 16:58)
- Dennison shared a preview of Tally’s DeFi governance portal, which allows users to participate in Compound governance and view insightful data on past proposals and top advocates. The team’s overall goal is to add transparency to the governance process, and is exploring ways to verify community participants by their Ethereum address. Feel free to reach out to Dennison with any feedback on the governance portal or ideas for identity verification.
Zefram Lou - 88pmh’s EMA Oracle (Starts at 26:20)
- Zefram Lou explained the inner workings of the EMA oracle that 88mph leverages for its fixed and floating rate interest calculations. The oracle uses the cToken exchange rate, rather than the supply rate per block, to estimate the interest rate since the exchange rate is less volatile than the supply rate and presents less of a risk of being manipulated. You can view the addresses of the EMA oracle in the 88mph documentation and use them in your project.
Open Discussion (Starts at 36:36)
- During the open discussion section, Dennison Bertram asked how Compound governance verifies identity, Praneeth brought up the topic of cCOMP voting, Guillame Palayer provided additional information on 88mph’s EMA oracle, and Arr00 shared a screenshot of the new comp.vote page.