Tally Compound Communications Thread

Governance Process
1

About This Thread

Following our successful engagement as Compound DAO’s Voting Service Provider, this thread serves as the primary channel for quarterly updates, feature announcements, and ongoing communication between Tally and the Compound community.

What to expect here:

  • Quarterly progress reports on deliverables and roadmap items

  • Feature launches and product updates

  • Opportunities for community feedback

Key Information:

Service Level Agreements:

Uptime and Availability

  • System Uptime: 99.9% monthly uptime for frontend and API services

  • Scheduled Downtime: Maximum of 2% monthly allowance for scheduled maintenance, communicated in advance

  • API Uptime: 99% monthly uptime with advance notification of major updates or deprecations

Response and Resolution Time

  • Incident Response: Initial response within 4 hours for high-priority incidents (e.g., outages) during U.S. working hours, and 24 hours for incidents outside of working hours

  • Resolution Time: Resolution or workaround within 8 hours for high-priority incidents during U.S. working hours, and 24 hours for incidents outside of working hours

  • Bug Resolution: Critical bugs resolved within 1 business day; non-critical bugs within 5 business days

Community Engagement

  • Response Commitment: First reply within 2 business days to any question posted in this thread

Q1 2025 Interim Update

Hello everyone! We’re excited to share our progress for the first quarter of our engagement with the Compound DAO.

Optimistic Governance Framework – Our Q1 Headline

Following our successful RFP response, our primary focus this quarter has been developing an optimistic governance framework to streamline market parameter adjustments. We’ve been collaborating closely with key stakeholders including the Compound Foundation, Gauntlet, WOOF, Certora, ChainSecurity, and the Compound Governance Working Group to design a system that balances efficiency with security.

How It Works

The proposed framework introduces a 5-seat council model for market parameter adjustments:

  • Council Composition: Gauntlet, Compound Foundation, Certora, ChainSecurity, WOOF

  • Proposal Creation: Any council member can create market parameter adjustment proposals under the optimistic governor module

  • Approval Process: Other council members must sign off on the proposal creation

  • Veto Window: Once approved, proposals enter a 2-day veto window where the broader DAO can review and cast veto votes if delegates object

  • Execution: If veto votes don’t reach the veto quorum (proposed at 4% of votable supply), the proposal is optimistically passed and executed. If the quorum is met, the proposal is cancelled

Initial Deployment: We will be proposing to launch this system on three chains to start – Arbitrum, Base, and Optimism.

We are currently finalizing requirements, building the smart contracts, and drafting a comprehensive proposal for the wider DAO to review. We’ll be progressing this through the governance process in the coming months and will keep the community updated at each stage.

Additional Deliverables

Beyond the optimistic governance framework, we’ve made several improvements to enhance visibility and transparency for the Compound community:

Enhanced Treasury & Governance Visibility

  • Added notable SAFEs to the participants page, including the Compound Foundation SAFE, CGWG SAFE, WOOF addresses, and Gauntlet proposal creation SAFE.

  • Listed all Compound DAO assets on the treasury page to provide a comprehensive view of the DAO’s financial position.

Uptime & Reliability

For Q1 2025 thus far, Tally has maintained:

  • Application Availability: 100%

  • API Availability: 100%

  • Custom Domain Uptime: 99.9%+

No critical incidents were reported during this period. The Compound DAO did not surface any issues with platform availability or functionality.

Looking Ahead – Remainder of Q1 and Q2 Priorities

As we move into the next quarter, we’re focused on several key initiatives:

  • Progressing Optimistic Governance through governance

  • Seatbelt Integration: Building proposal simulation capabilities to help delegates understand the impact of proposals before voting

  • Gasless Voting: Making participation more accessible by removing gas barriers

  • Custom Domain Launch: Enabling Compound to host the governance portal on a branded domain

  • COMP Staking Exploration: Exploring potential staking mechanisms

We view Compound as a strategic partner whose roadmap shapes our own, and we’re committed to delivering infrastructure that enables the DAO to move competently and efficiently without compromising on security or decentralization.

Our next post will be on early Jan 2026 upon the conclusion of Q1 of the engagement - till then, as always we welcome feedback and stand ready to iterate.

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