Governance Weekly Recap

Week of September 26, 2022

Summary

Quorum seems to have been harder to reach lately. What are the causes?

Proposals

Compound III Supply Caps (128). This proposal did not reach quorum in its first go-round (127); Gauntlet re-published the proposal.

:speaking_head: Vote now, if you haven’t already!

OpenZeppelin Security Partnership - 2022 Q4 Adjustment (126) passed with just about 100% voting in favor and was executed on September 30.

In the Forums

Risk Parameter Updates for the week. Gauntlet recommended no changes to the parameters. See the post for a full presentation and analysis.

Deprecate FEI market. Is it time for the next stage, which would set the reserve factor to 99% or 100%?

Add New Zealand dollar stablecoin NZDS to Compound?

Add market: 1INCH has gotten some support.

On Twitter

Follow Compound Governance, a new account that posts all proposals and governance updates.

Gauntlet celebrates the passing of the “Gauntlet <> Compound Renewal” proposal, breaks down the voting, and reminds us of their new “insolvency refund.” “Contributors need to be accountable to the DAOs they serve.”

In Discord

Reaching quorum has been a challenge lately. Should “abstain” votes be counted towards quorum?

A reminder that your COMP needs to be delegated to an address (your own or a delegate’s) in order to have voting power.

Is deploying the new implementation of cUSDCv3 “scary”?

Developer Community Calls

:speaking_head: Join the next call on October 5 (4:30PM GMT), in Discord. (A recording of the last one can be found here.)

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