Compound <> Gauntlet Year 5 Partnership

Since 2021, Gauntlet has supported Compound with services ranging from risk optimization, crisis response, and incentive optimization. Full details of this renewal and outlined scope can be found in the forum post.

Proposal

Renew Gauntlet’s 12-month engagement for Risk Management, Interest-Rate Curve Tuning, Incentive Optimization, and expanded scope for 2025.

Compensation Structure

The service fee structure will be a fixed annual fee of $2.3M using a 30-day TWAP for COMP spot price at execution.

30% ($690K) is to be transferred directly to Gauntlet in a lump sump (7666 COMP, $345K USDC). Gauntlet will refund the DAO if a qualifying event as outlined in the forum post occurs.

70% ($1.61M) is to be paid in COMP via the Compound Streamer. The amount of COMP streamed will be USD-adjusted using Chainlink price feeds. The stream will pay out on a per-second basis over a year. $1.61M USDC over 31536000 seconds is equivalent to a rate of 0.05105276509 USDC/sec.

Upon submission of the onchain vote, a 10% buffer will be applied to the stream, meaning a total of ~$1.771M of COMP will enter the Streamers upon proposal execution. This is meant to accommodate for COMP volatility. At the time of onchain vote submission, 39355 COMP is equivalent to $1.771M.

Stream Recipient (_recipient):

• Gauntlet address: 0xD20c9667bf0047F313228F9fE11F8b9F8Dc29bBa
• Stream address: 0xEA2B6BC719CF6D2Fed07865d26987D32d570DbBD

Slippage Amount (_slippage): 1%

• Slippage ensures that every time the vendors claim, the Streamer converts the accrued USD amount into COMP using the current Chainlink price feed, with up to a 1% buffer to handle small price fluctuations and keep payments fair.

Claim Cooldown (_claimCooldown): 604,800 seconds (7 days)

• This is the minimum time between claims. Once the vendors claim accrued COMP tokens, they can’t claim again for 7 days.

Term & Coverage

Engagement term: 1 year (est. Sept 30, 2025 → Sept 30, 2026) Coverage: up to 50 Comet deployments

By approving this proposal, you agree services are governed by gauntlet.xyz/tos.

https://tally.xyz/gov/compound/proposal/479