Compound cancels Proposal 619 as Gauntlet targets tBTC
Compound's Community Multisig cancelled Proposal 619, which would have removed a safeguard against single-entity control, with 1.9M COMP voting "For".
Compound's Community Multisig cancelled Proposal 619, which would have removed a safeguard against single-entity control, with 1.9M COMP voting "For".
Gauntlet proposes deprecating Compound's Ethereum WBTC market due to low activity and concentrated supply; the market held 13.42 WBTC on October 29, 2026.
Compound's Community Multisig, acting as Proposal Guardian, cancelled Proposal 618 before voting opened, following a previous cancellation of Proposal 613.
Compound is debating Institutional Comet governance after the Proposal Guardian cancelled Proposals 612 and 613, which aimed to raise the Treasury Escrow cooldown.
A dispute over Compound V4 widens as forum posts allege the Foundation appropriated a community initiative and used V2 reserves to build voting power, with 344,780 COMP transferred in May.
Compound proposes increasing the Treasury Timelock's minimum delay from two days to 10, giving governance more time to stop contested operations.
Gauntlet proposes winding down Compound's Ethereum wstETH Comet by zeroing supplier APR, routing all borrower interest to reserves, and blocking new collateral deposits.
A Compound proposal by risk manager Gauntlet suggests zeroing supply caps for seven low-use LST and LRT collateral listings, affecting $1.59 million in collateral.