Simple Summary
Gauntlet recommends adding additional COMP to the reward contracts of Base, Ethereum, and Arbitrum:
| Chain | Reward Amount |
|---|---|
| Ethereum | 28,000 |
| Base | 3,600 |
| Arbitrum | 2,250 |
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) |
|---|---|---|---|
| Polygon | 8,351 | 23.0 | 363 |
| Optimism | 3,448 | 10.0 | 344 |
| Ethereum | 21,887 | 312.0 | 70 |
| Base | 2,903 | 40.0 | 72 |
| Arbitrum | 1,898 | 25.0 | 75 |
Base, Arbitrum, and Ethereum currently have a runway with less than 80 days. Gauntlet recommends topping up an additional 3 months’ worth of runway.
Next Steps
Target on-chain vote 5/27/24