Temperature Check: Compound v4

[Sudipan_Chainrisk]

Hey @cmrn while the structure definitely looks promising from an organisational perspective, I was kind off shocked to see Platonia up there in the chart, instead of us - Chainrisk.

We started working and contributing in the DAO almost a year back building compound native risk management tools - [Chainrisk] - Economic Risk Simulation Engine for Compound v3

Platonia started some work in the DAO since Jan 19th 2025. And had shared an introductory post in late december 2024 - Platonia Introduction

We have been constantly getting on community calls and contributing on the risk side since the last 6 months. This can be verified from all major delegates and the growth team. Also a proof to how deeply we studied & raised the DAO Operational Concerns can be found here - Dao Ops Concerns + The pressing need for a secondary risk manager

We already have established work in the DAO in which we have collaborated multiple times with the Delegates to help Compound at vital times. You can find some links to our public work here -

@Sudipan_Chainrisk

Over the past few months, Chainrisk has been actively engaging during the biweekly community calls, provided market analysis on weETH and deUSD & sdeUSD, and parameter recommendations for new market deployments on Ronin and Sonic.

All of this speaks for itself as it was done without any incentives paid to us by the DAO. We have always instilled the confidence that we are there to supplement and help on risk, whenever the DAO needs us.

Also another important thing I want to bring forward to the attention of all delegates is that the Platonia team is comprised of ex-Gauntlet team members.

@platonia_wfu

I previously served as Head of Market Risk at Gauntlet where I was responsible for the development of robust strategies regarding anomalous market events including the USDC depeg response and mitigation on Aave and market microstructure improvements such as the Synchronicity price adapter killswitch functionality for LST emode on Aave. In addition, I presented a general framework for Economic Resilience for protocols at the Risk Summit at DevConnect Istanbul.

Joining me at Platonia are longtime collaborators, HT and Victor. HT was the Engineering Manager for Risk at Gauntlet and an author of the first published DeFi paper on Compound at the Foundations and Applications of Blockchain conference back in 2020 along with the initial Compound Economic Security report. Victor was the Head of Models at Gauntlet where he built out parameter optimization methodologies along with market microstructure models that are still in use for Compound today.

While on one hand Gauntlet team has done some amazing work in the past for the DAO, If the DAO wishes to go forward with On-Boarding Platonia, it is basically funding Gauntlet 2.0 for supplementing Gauntlet. Then we can no-way call it two different eyes looking at risk and growth of Compound. The very essence of keeping two different risk managers is to collaborate, complement and compete at the same time to foster healthy growth of the protocol. The AAVE DAO is the most successful example of it with Chaos Labs and Llama Risk.

So yes, we feel offended to be termed as a new contributor to the DAO and assigning where we fit the best, to a fairly new contributor.

My two cents here would be - If we are to progress as a DAO, we must start recognising and valuing the contributions of long term believers of Compound.

Also, @cmrn, we have never got the chance to catchup on a one-on-one chat to discuss our views on growth of Compound and DAO structures, but I would love to facilitate that here and see how we can help here - Calendly

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Regards
Sudipan
CEO, Chainrisk