There are currently over 180,000 COMP custodied in the Comptroller, which are available to be granted to developers who pass successful proposals through the Governance process (similar to what we witnessed in proposals 022, 023, and 030).
In order to spur conversation around good uses for COMP grants, I wanted to pose a question to the entire Compound community, whether you’re a developer or not:
What improvements to the Compound protocol do you most want to see implemented or explored?
It would be fantastic to begin a thread/conversation that results in a list of most-wanted modifications to the protocol, sourced organically from the community. Please reply to this post with any of your ideas, desires, or requirements! No idea is too ambitious, too crazy, or too experimental.
If your idea is already posted, or you admire someone else’s idea, click the Heart button on their post. This will give us all a sense of which posts, with the most Hearts, are most desired by the most people.
As an example, here’s a potential format for presenting an idea below:
Example: Add [Asset Name] to the Protocol
Write a few sentences explaining why you think this change should be made to the protocol. How would the change benefit users? What are the potential risks and considerations?
If possible, start to describe the steps that might be needed to implement the change. If you don’t know all the steps, that’s fine! Even a light framework could be very helpful to other community members.
For example, for adding a new asset:
- Set new Price Feed address
- Add to Comptroller
- Set Collateral Factor
- Transfer COMP from Comptroller to developer address
That’s it! I hope we’re able to collect some great ideas in this thread, in the interest of making the Compound protocol better and more useful for users, developers, and others in the crypto community. I’m excited to hear your thoughts.