@ermin The AlphaGrowth team is grateful for your words, campaign support, and the dHedge Community.
Over the last year that we had the pleasure working together on incentives, we found dHedge to be a great way for Compound Protocol to access new users and capital. At the same time, we have been impressed by Team dHedge’s ability to be leverage Compound v3 to create exciting asset strategies.
AlphaGrowth as part of the Compound Growth Program looks forward to more fun campaigns together!
VaultCraft.io Supports the Compound Growth Program Renewal: AlphaGrowth V4
As a partner deeply invested in the growth of innovative DeFi ecosystems, VaultCraft.io is pleased to express our strong support for the renewal of the Compound Growth Program (AlphaGrowth V4). We’ve seen firsthand the positive impact this program has had on Compound, and we believe its continuation is vital for the protocol’s sustained success.
At VaultCraft.io, we specialize in optimizing incentive distribution to drive TVL and user engagement across platforms like Optimism and Arbitrum. We’ve managed millions in incentives, and our experience gives us a unique perspective on what works and what doesn’t in the DeFi space. Our collaboration with AlphaGrowth on previous campaigns has been highly successful, and we are excited about the future.
Here’s why we believe this renewal is crucial:
Proven Track Record: AlphaGrowth has demonstrated a clear ability to drive tangible results for Compound. Their work in expanding Compound V3 across multiple chains, launching new markets, and securing significant chain partnerships has demonstrably increased TVL and revenue for the DAO.
Efficient Incentive Management: As evidenced by their success in the Arbitrum LTIPP program, AlphaGrowth has developed a sophisticated approach to incentive distribution that maximizes ROI. The data speaks for itself, with Compound’s strategies outperforming competitors by a significant margin. We at VaultCraft.io deeply value this level of efficiency and strategic thinking in incentive deployment.
Strategic Vision: The proposed initiatives for 2025, including the expansion to new chains, development of structured products, and exploration of TradFi integration, are all aligned with Compound’s long-term growth objectives. We are particularly excited about the potential of Staked COMP and the development of rails to TradFi, as these initiatives could unlock significant new opportunities for the protocol.
Community Engagement: AlphaGrowth’s commitment to engaging with the Compound community is evident in their proactive communication, facilitation of community calls, and development of educational content. This collaborative approach is essential for fostering a strong and vibrant ecosystem around Compound.
We are committed to continuing our partnership with AlphaGrowth and the Compound community to support the growth program’s objectives. Our expertise in vault strategies, incentive optimization, and smart contract development can contribute to the success of initiatives such as the BOBBY yield optimizer and the development of whitelisted, fixed-interest rate vaults. We are excited to work with AlphaGrowth to build even more innovative strategies that deepen supply-side deposits for Compound.
Conclusion
VaultCraft.io firmly believes that renewing the Compound Growth Program is a strategic investment in the future of Compound. AlphaGrowth has proven their ability to drive growth, manage incentives effectively, and engage with the community. We are confident that this renewal will enable Compound to continue its trajectory as a leading lending protocol in the DeFi space, and we are proud to support this effort.
Thank you @RupertPumpkin for your support, it’s been our pleasure to help launch weETH as collateral to 5 markets across 4 blockchains, which have now grown to 29,000 weETH deposited (~$60M). We look forward to expanding to additional markets and launching potential partnerships to benefit Compound around smart contract insurance or the Ether.Fi credit card.
Thank you @glory, we constantly strive to align our incentives with Compound’s to ensure mutual success. Additionally, we are excited to continue exploring avenues for smart contract insurance with Sherlock in pursuit of attracting TVL from new more conservative whales and institutions.
Hi @mischa0x and team VaultCraft! Thank you for your strong support of our program renewal.
Your team’s expertise in optimizing incentive distribution has been invaluable across our Optimism and Arbitrum campaigns. I’m particularly excited about developing fixed-interest rate vaults and the creative liquidity strategies that you highlighted in your post.
To think, our collaboration started with simple lend and loop vaults. We look forward to evolving together!
Hi Team, I’m Ross Gates, I’m head of Operations at AlphaGrowth. Formerly head of Growth at NEAR protocol and co-founder of PrimeLab. I’ve been helping protocols find product market fit since 2017.
During the 2024 growth program I’m proud to have led Compound’s LTIPP campaigns, running them like performance-based marketing campaigns to maximize deposits per dollar of incentives. We spoke to 20+ structured products, launched campaigns on 12 and determined the highest performing 8 to double down on. Driving $174M of net new TVL on Compound. We could not have asked for better partners: @Alanguo, @mischa0x, @Contango, @ermin and others. At AlphaGrowth we believe strongly in Mentorship; @sebyverse and @kyle shadowed me on dozens of calls and are now familiar faces in the ecosystem augmenting my growth campaign principles with their ability to identify campaigns and execute.
In the 2024 growth proposal I mapped out the 65 steps to launch Compound on a new chain. This year, I’ve discussed that process with over 60 blockchains. After judging readiness and offering additional support, our team (with great initiative from @sharp) has helped 6 blockchains through the process; Optimism, Mantle, Ronin, UniChain, Linea, & Sonic. We look forward to continued collaboration with our partners across those ecosystems and thank them for their ongoing support. @Jonlkh_mantle@uniswapfoundation@Lionel
I’m excited to continue supporting Compound and help the 2316 chats in my Telegram CRM explore how their ideas can have the largest positive impact on the Compound DAO.
I’ve authored a large number of strategy docs during AlphaGrowth’s 2025 re-election cycle. I am eternally grateful for the feedback and vibrant discussion offered by each member of the community through this process. And I look forward to serving the DAO in 2025 and beyond.
Hi @micah_opolis and the Opolis team! Thank you for supporting the growth program with your endorsement and for your collaboration as we build Compound’s next growth phase!
Bring TradFi insurance premiums on-chain aligns perfectly with the “Rails to TradFi” initiative from our 2025 growth program. We’re excited to support your team in this endeavor with our tools and distribution networks. And we appreciate your confidence in our team’s ability to integrate into traditional marketplaces.
On behalf of Saga, I would like to voice support for AlphaGrowth and their continued leadership of the Compound Growth Program.
From the earliest engagement, they have shepherded the onboarding of Compound to the Saga Protocol in a timely and predictable fashion to make sure sure our community can access a lending protocol as soon as possible.
The entire team is collaborative, highly attuned to the needs of their partners and whip smart about the DeFi landscape. We look forward to working with them for a long time.
Have to support the chads at Alpha Growth—the team is unmatched in their depth of knowledge, passion for education, and drive to push DeFi forward. Looking forward to potentially collaborating and soaking in their specialized expertise and guidance.
Our collaboration with OKX was one of the first crucial partnerships established early on in the beginning of the Compound Growth Program. Initially, given issues with other centralized exchanges, we were not really sure if such a collaboration would make sense. But since then, OKX earn (also CeFi earn, wallet and dex teams) have emerged as reliable partners. The OKX team provides the commitment, performance, and reliability as a partner that we aim to onboard them on the most Compound Deployments on Chains and markets.
As we move in the next phase of the Compound Growth Program, we look forward to deepening our ties with OKX team to provide the best opportunities to communities of both projects.
Ugur has been supportive in sharing his expertise for the formation of the upcoming OEV Trial for Compound. In fact, Ugur’s help made the first draft possible, and the dashboard he shared provided context on the amount of value that Compound is currently leaking using our current liquidations processing structure.
API3 demonstrated the validity of OEV on Mantle, and recaptured $150k in MNT incentives, which will be cycled back into Mantle Growth Incentives.
I respect API3’s commitment to their product, and their willingness to help educate the DAO, and I look forward to working alongside Ugur over the next few months in exploring how to bring more value to Compound.
We met Nam at ETHDenver. Fixed Rate Borrowing has a bit of complexity to it, and I appreciate how Nam has been willing to engage publicly with his solution, and share Spine with the DAO. Fixed Rate Borrows are a significant unlock for Compound Growth, and I look forward to learning more about how Spine and Compound might work together to solve this need.
Thank you for sharing about Spine in the Forums, and for your kind words here.
Threshold was one of the most responsive, and compelling projects to write for, and I’m grateful for their interest in creative strategies for increasing utilization of tBTC on lending markets. Threshold would be a great collaborative partner to expand Compound toward BTCFi Chains - and I look forward to exploring those possibilities with Michael over the next few months.
Grats on getting the Delegate Platform up – and thank you for the words of support.
Mountain’s USDM is a very cool product, and we’re looking forward to collaborating with mountain on whichever chain Compound supports.
I’m personally bullish on a yield-bearing stablecoin that is derived from tokenized short term US treasuries. USDM is a good addition to a treasury, or an LP pair, and I look forward to integrating USDM into Compound Markets, and DeFi Strategies.
Mark here from Shipyard Software. We developed Clipper.exchange before selling to Sushi Labs.
In crypto and DeFi, good execution is rare and valuable. Alphagrowth’s impact is clear, and they have earned respect from a number of prominent projects and partners that they have interacted with on behalf of Compound, including us. That’s exceedingly rare; I advocate re-upping and not overthinking this one.
Hello I’m Jordan, I’ve been a longtime COMP enthusiast, creating content and joining community calls to stay involved. Through the biweekly spaces and conversations with the AlphaGrowth team, I’ve seen firsthand the value they bring to Compound.
They’ve built strong relationships, driven engagement, and consistently delivered. Their work speaks for itself, and I fully support renewing their program. Good execution is hard to find, this is an easy yes.
I have had the privilege of being present from Day 1 of the Compound Growth Program along with @ bryancolligan on December 9, 2023. Both personally and as the AlphaGrowth team, the journey has presented many opportunities and challenges to learn and grow. The early addition of @ ross in the team has ensured that we are operationally secure and the trains leave on time. Seby’s marketing specialization and Kyle’s strategic thinking helped us expand on all fronts.
We began the Growth program with a humble mandate to grow Compound V3 integrations. Since then we have executed many responsibilities that have helped the protocol grow; including Chain expansion, Asset partnerships, structured products, and Grants.
We secured almost $4M of incentives to be distributed to Compound. Part of these incentives attracted $230M of TVL on Arbitrum.
Our Asset strategy, in which I am primarily involved, has also proven successful. It has attracted a total of $700M+ in TVL. Markets like USDT, USDS, and WETH on multiple chains have attracted sizable liquidity. Collaterals like weETH, rsETH,and ezETH have attracted more than 50,000 ETH in equivalent liquidity.
There are a lot of things that we still need to learn and improve on. Chain success is a field that we have recently started exploring, as we deploy Compound on more and more chains, getting the desired performance on these chains will be paramount.
As we move to the next phase of the Growth Program, we look to capture more narratives and opportunities that bring more revenue and returns back to the DAO. And most importantly, we look for continuous community feedback to improve on our plans to serve Compound. Thank you to everyone involved.
We appreciate the iterative process that the AG team has taken in polishing pieces of this proposal. The team outlined varying structures for renewal over the past handful of months, and although we may not have agreed with the full extent of those iterations, the current proposed structure is satisfactory for us to vote in favor of reinstating AG as the growth team for the DAO. For example, the team’s compromise on utilizing Sablier for streaming 2/3 of the capital is good to see.
As Compound Labs has effectively paused its efforts to develop and expand the protocol, AG has stepped in to keep Compound relevant through strategic partnerships and market growth initiatives. We value their contributions in revitalizing the protocol and preventing it from slipping into complete stagnation. Given their subject matter expertise in Compound’s mechanics, established pipeline of partners, and proven track record of onboarding new chains, collateral types, and markets, we believe it is well-justified to support the renewal of their funding.