Gauntlet Quarterly ContributorCompSpeed Update

Following up here - we will be publishing this on-chain governance proposal on Monday, January 17th. As a reminder, there is a 2-day time lock, so voting will begin Wednesday, January 19th.

We value the Community’s feedback to migrate our COMP streams over to Sablier, found in this forum post. As such, our governance proposal will cancel Gauntlet’s existing COMP stream and replace it with a Sablier stream.

As mentioned above, we are updating the pricing inputs. The 30-Day VWAP is currently $208.71, the 30-day average borrow is $6.43B, and the number of assets on Compound is 16. With these inputs, Gauntlet’s quarterly fee for the next quarter is 7,933 COMP tokens. This is below the fee payment stated originally in this post (which was 8,168 COMP tokens).

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