0xdd659911…9abcsent to0x683a4f99…6c02·#17,359,563·view on Etherscan
approve(address,uint256)createStream(address,uint256,address,uint256,uint256)# Gauntlet <> Compound Incentive Optimization
## Background
Gauntlet first contributed to incentive optimization for Compound in January 2021 through [recalibrating COMP speeds](https://compound.finance/governance/proposals/35). While Gauntlet’s engagement with the DAO primarily touches [risk parameters](https://www.comp.xyz/t/gauntlet-compound-renewal/3541#:~:text=Gauntlet%20will%20not%20look%20to%20manage%20the%20following%20at%20the%20outset%3A%20enabling%20or%20disabling%20a%20currency%20for%20borrowing%2C%20optimizing%20COMP%20emissions), incentive management naturally overlaps. Recent examples of Gauntlet's work with Compound incentives include [Migration](https://compound.finance/governance/proposals/156) and adjusting [Polygon incentives](https://compound.finance/governance/proposals/161).
Full details of the proposal can be found [here](https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267).
## Proposal
A proposal to formalize and expand Gauntlet’s existing work with Compound on continuous incentive optimization for Compound’s rewards.
As part of the engagement scope, Gauntlet will provide Compound with a quantitative framework to evaluate the success or failure of incentive optimization. Gauntlet will leverage its Incentive Optimization Platform to provide recommendations adjusting incentives across Compound V2 and Comet markets to drive sustainable, efficient growth.
The service fee structure is a $300K fixed fee, paid in $COMP tokens, as well as a [variable performance fee](https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267#:~:text=in%20COMP%20tokens-,Performance%2DBased%20Fee%3A,-10%25%20of%20Improvements). This proposal only implements the $300K fixed fee portion.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267)
## Specification
The proposal creates a Sablier stream owned by governance to the beneficiary address `0xD20c9667bf0047F313228F9fE11F8b9F8Dc29bBa` for 7,989 COMP over a 365 day vesting duration as detailed above.
*By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.*