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Memo 0x31e7e742…d9d969 on Ethereum

The discontinuation of Compound v2 is a reasonable and strategic decision, given that the legacy markets see little usage and the protocol is now fully focused on v3. That said, v2 can still represent a reputational risk to Compound in the event of a vulnerability, as illustrated by the Balancer v2 exploit. There are still tens of millions of dollars in assets remaining in Compound v2. For this reason, communication with users should also be carried out broadly across social media, to publicly reinforce the discontinuation of v2 — rather than relying solely on a banner on the Compound website. Clear and proactive communication with both the market and users is essential. Therefore, we voted FOR the proposal.