[Gauntlet] Rewards Contract Top-Up for Arbitrum

Proposals
1

Simple Summary

Gauntlet recommends adding additional COMP to the reward contracts of Arbitrum:

Chain Reward Amount
Arbitrum 13,000

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)
Arbitrum 2,279 130 18

Arbitrum currently has runway with less than 18 days. Gauntlet recommends topping up an additional 100 days worth of runway. The increase in borrow rewards is a recent measure to drive up more utilization, as mentioned in this forum post. We plan to review incentive performance during Alphagrowth team’s incentive expansion program, as detailed here, and make further recommendations to maximize TVL growth.

Next Steps

  • Put proposal on-chain
1 Like
2

Thanks again team. It seems that the math here doesn’t make sense? 2279/130 != 75.

3

Thanks @Forteus_Management. Updated the table with the correct value as mentioned in the below paragraph. Proposal is active for voting and should execute next week if the community approves.