Compound’s new proposal: plans to add rETH as collateral and allocate 7,770 COMP for growth plans
On November 11th, Compound officials posted on social media that the community has initiated two proposals. The content of Proposal 191 is to launch a four-month growth plan and allocate 7770 COMP tokens, of which 2760 COMP tokens will be allocated to the BD Fund under the plan to support the business development and operation of the growth plan. Additionally, 5010 COMP tokens will be allocated to the growth fund. The vote will end on November 13th. Proposal 192 is for the Compound community to add rETH as collateral on the Ethereum mainnet for cWETHv3. The vote will launch in two days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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