Potential Design of Staked COMP

At API3 we’re happy that Compound is exploring new ways to generate revenue that can be redirected towards COMP stakers. We’ve made a post about recapturing liquidations incentives currently being paid out, which already amount to several million dollars a year on Compound.

After some discussion we just pushed a proposal to pilot this mechanism on one comet, to prove viability. These are funds that could theoretically all be redirected to COMP stakers.

Happy to contine following this discussion and also receive some feedback on the proposal above.

Edit: Here is a dune dashboard i’ve built that summerizes how much the compv3 comets have paid out in total.
Hint: It’s a lot.
https://dune.com/ugurmersin/compoundv3-liquidation-data

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