After extensive community input over the last few weeks, we have finalized the proposal details and published a draft on Tally here.
This proposal authorizes the Comptroller to transfer approximately $9M worth of COMP to support the Foundation. Based on the 30-day TWAP of $44.655 per COMP (as calculated here), the proposal initiates an immediate $3M COMP grant using grantComp, followed by the creation of a Sablier stream via createWithTimestampsLT to unlock an additional $6M in COMP across four quarterly tranches in 2026. These actions have been reviewed and verified by OpenZeppelin, as detailed in their report to the community.
We plan to submit the proposal onchain Sunday morning, June 15, with voting expected to begin early next week.
We appreciate the community’s engagement and look forward to your support.