Compound Finance COMP rewards

Ideas
25

First off, I want to thank everyone for contributing to the topic. This kind of participation is what is so important to developing something the entire community is excited about.

Recap of the ideas:

  1. Reward voters for casting a vote.
  2. Separate supply and borrow side COMP rewards.
  3. Supersizing the grants program.
  4. Transaction fee reimbursement program.
  5. Extra COMP rewards to protocol users who also vote.
  6. Airdrop
  7. Burn

Let’s toss out incentivizing voting (1 & 5), doing an airdrop, and burn. That leaves us with 2, 3, and 4.

  1. Separate supply and borrow side COMP rewards.

@TylerEther is working on implementing separate supply and borrow side COMP rewards. See his post to learn more. In the interest of time, the community should review Tyler’s work and begin the conversation of what speeds to use.

  1. Supersizing the grants program.

Regarding supersizing the grants program. @sukernik is going to work on a proposal for the next phase of the grants program. That should come later this month or in early September.

  1. Transaction fee reimbursement program.

I’ll dig up some of the tools I made for this a while ago and put together a database of Compound transactions for July. I’ll create a new forum post and Google Sheet with that info once I have it, and then we can begin a conversation about what to reimburse.

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