[Gauntlet] Rewards Contract Top-Up for Ethereum, Base and Optimism (3/10/25)

Simple Summary

Gauntlet recommends adding additional COMP to the reward contracts of Ethereum, Optimism and Arbitrum:

Chain Reward Amount
Base 8,100
Optimism 2,430
Ethereum 32,220

Analysis

Below is the projected runway in each chain’s rewards contract.

Chain Rewards contract COMP token holdings Current Daily COMP token reward distributions Remaining days of runway (not including existing claimable rewards)
Polygon 1,049 23.0 45
Optimism 106 27.0 3
Ethereum 141 358 0
Base 0 90.0 0
Arbitrum 6276 66 95

Base, Optimism and Ethereum currently have a runway of less than 30 days. Gauntlet recommends topping up an additional 3 months’ worth of runway for the above chains.

Next Steps

Target on-chain vote - 3/10/24

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So where’s the vote?

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The proposal has been queued, voting begins in about 17 hours.

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