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Compound's new proposal plans to renew its cooperation agreement with Gauntlet

Compound's new proposal plans to renew its cooperation agreement with Gauntlet

远山洞见2024/12/04 03:22
Compound is a decentralized lending platform that allows users to borrow from asset pools without permission, with interest rates determined by algorithms based on the proportion of assets lent. In the summer of 2020, Compound's liquidity mining campaign stimulated the explosion of the DeFi market.
 
Previously, it was reported that Compound has created a new proposal 323, which proposes to renew the 12-month cooperation with Gauntlet in risk management, revenue optimization, and incentive optimization. The vote is expected to begin in two days. Risk management is used to improve capital efficiency, reduce bankruptcy and liquidation risks, and achieve long-term sustainable growth. Incentive optimization aims to guide liquidity, promote growth, and promote decentralized governance.
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