[Gauntlet] Rewards Contract Top-Up for Ethereum

Simple Summary

Gauntlet recommends adding additional COMP to the Ethereum reward contract.

Chain Reward Amount
Ethereum 28,125

Analysis

Below is the projected runway in Ethereum’s rewards contract:

Chain Rewards contract COMP token holdings Current Daily COMP token reward distributions Remaining days of runway (not including existing claimable rewards)
Ethereum 16061.02 312.5 51

Ethereum currently has a runway of less than 90 days. Gauntlet recommends topping up the contract with an additional three months’ worth of incentives.

Next Steps

  • We welcome community feedback.

Following Certora/ChainSecurity’s review, Gauntlet canceled Proposal 483 to address a parameter-format mismatch between our upgraded internal tooling and Tally’s expected encoding. This is a formatting change only; the proposal’s intent and scope remain unchanged. We’ll resubmit the updated proposal after they review the adjustments.

We appreciate Certora/ChainSecurity’s quick coordination and will share the updated proposal link once it’s live.

2 Likes

The updated proposal is now live on Tally as Proposal 485.