executedEnded 4 years ago · Onchain
End cCOMP Borrow Rewards
By 0x2B38...77bf33
This proposal stops COMP rewards for cCOMP borrowing using the new Comptroller function allowing for splitting COMP speeds. COMP rewards will remain the same for cCOMP suppliers.
Currently, there are COMP rewards given to cCOMP borrowers while the borrow cap is in use. This creates a situation where the net rate for borrowing COMP is negative. As such, COMP borrowing is forced to the borrow CAP, and the market is unable to reach equilibrium. This proposal will cause the net rate of borrowing COMP to be positive and will result in the market reaching equilibrium.
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0Votes 17
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9AA8...62cCF1 | 321,176 | FOR |
 Robert Leshner | 105,030 | ABSTAIN |
 0x683a...D26C02 | 100,003 | FOR |
 0x9B68...002984 | 66,052 | FOR |
 0xf63E...1478C8 | 50,985 | FOR |
VOTE POWER
0
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Proposal Status
- Published Onchain
0x2B38...77bf33 - Sun November 07 2021, 05:29 amVoting Period Starts
- Wed November 10 2021, 07:54 amEnd Voting Period
- Wed November 10 2021, 06:49 pmQueue Proposal
- Fri November 12 2021, 10:50 pmExecute Proposal
Current Results
1-FOR
749,593.4
2-ABSTAIN
105,029.555
3-AGAINST
N/A Tokens