Simple Summary
Gauntlet recommends adding an additional 5,850 COMP rewards (~3 months of future runway) to the Base rewards contract.
Analysis
Below is the projected runway in each chain’s rewards contract.
| Chain | Rewards contract COMP token holdings | Daily COMP token reward distributions | Remaining days of runway (not including existing claimable rewards) |
|---|---|---|---|
| Base | 4,295 | 65 | 66 |
| Polygon | 5,963 | 69.45 | 85 |
| Arbitrum | 5,073 | 40 | 126 |
| Ethereum | 56,930 | 427.4 | 133 |
Base currently has the lowest runway at 66 days. When a chain gets to ~2 months of runway, we recommend topping up an additional 3 months worth of runway.
Next Steps
Target on-chain vote 2/5/24