Preamble
Type: Tooling & Support
Title: Tracking accrued rewards
Description: A tool designed to estimate the required COMP balance for Rewards contracts, ensuring users can claim their earned incentives without interruption.
Authors: @dmitriywoofsoftware @woof
References:
Abstract
Compound pioneered liquidity mining and continues to lead in user incentives. To ensure users can always claim their earned rewards, it’s essential to keep the Rewards contract properly funded. Gaps in funding risk undermining trust and protocol reliability.
Motivation
Gauntlet currently recommends reward top-ups based on the COMP balance on the Reward contract at the time of the recommendation. However, this approach can overlook already accrued user rewards, leading to cases where users are unable to claim what they’ve earned. These issues have occurred before and risk user dissatisfaction. To address this, we propose a mechanism that tracks all owned (but unclaimed) rewards in real time and notifies responsible vendors when a top-up is needed—ensuring timely proposals and uninterrupted claiming.
Scope of Proposal
A GitHub repository will be developed to track rewards spending and reserves, updated daily. If the remaining rewards fall below a 3-week threshold, the tool will automatically notify the responsible parties—Gauntlet and WOOF!
Security & Risk Assessment
No audit required
Copyright
Copyright and related rights waived via CC0.
Next Steps
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Gather community feedback
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Create a Polygon top-up proposal
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Present tool