We appreciate the Foundation’s leadership and we support the coordinated RFP approach with CGWG.
This RFP process is an opportunity for the DAO to realign and potentially refocus the scope we have diligently covered at a flat rate year over the last several years despite its growth in volume and complexity.
We commend the Foundation’s commitment to addressing sustainability concerns while maintaining security standards through this process. At just 0.4% of the protocol’s ~$162M treasury value, the 60-day cancellation period is a prudent investment to ensure uninterrupted coverage until decisions are made on the future scope and direction of the DAO’s security coverage.
We appreciate the DAO’s continued trust and remain committed to maintaining Compound’s security, whether continuing our partnership or facilitating any potential transition.