On behalf of Beefy DAO, I wanted to echo my previous endorsement of AlphaGrowth’s work (replicated below), as well as this specific renewal proposal.
The team are a pleasure to work with and are, in my opinion, among the best growth operators in the industry. They deliver significant value, not just for the projects they serve but also for the partners and providers they work alongside. It’s clear that they have delivered significant value for money over their 16 months of service so far.
We look forward to working closely with AlphaGrowth to build/market more Beefy-Compound products over the next 12 months 
Beefy has been deploying autocompounding vaults on top of Compound for over a year now, with upwards of a dozen products and typically between $20-30M of total value locked at any given time. This includes working with other protocols like Mai Finance to deliver secure yield on their collateral deposits through Beefy and Compound. We’d been trying to build a relationship with Compound for a while after we first deployed to co-market and distribute our efforts, but had found it difficult to breakthrough the decentralisation to the people who can really get things done.
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We met AlphaGrowth at Token2049 Singapore and were immediately impressed. The team are serious operators, always shooting for large initiatives with smart strategic thinking and a ton of ambition. They’re also a great bunch to deal with, keen to help partners out and make things happen, without any of the politics or BS you can sometimes find among professional DAO service providers. Once we realised that Beefy and Compound (via AG) were targetting a bunch of similar chains and incentive schemes, we agreed it makes sense to buddy up.
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Since that time, we’ve been collaborating with AG to run a 10-week campaign (5 week initial + 5 week extension) targeting OP Mainnet with grant-funded incentives. The campaign included various co-marketing efforts, fresh materials and an AMA. The effort succeeded in generating an incremental $17M of supply-side TVL across our collective audience, in addition to our existing presence. We’re also exploring a number of other opportunities for the future, where Beefy and Compound neighbour one another in different ecosystems.
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Working with AlphaGrowth has been a great experience, and we’re pleased to vouch for the fantastic service they deliver. It’s clear to us that their incentive model - as medium-term external service providers under constant scrutiny from the DAO - produces strong motivations to create value. And as more and more bullish sentiments take hold, the next 12 months will likely be defined not just by excellent technology, but by the teams who can operate and market themselves the best. We have every faith in AG to maximise Compound’s opportunities for growth.
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We hope we can continue working together to grow Compound for a long, long time
