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Compound Labs

@compoundfinance

Building infrastructure for the future of finance.

calendar_today03-05-2011 04:39:28

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Compound Labs
@compoundfinance

3 years ago

Did you know that any Ethereum address can:

⏰ Queue
✨ Execute
❌ Cancel

An eligible Compound Governance Proposal? Meet 0xc0dA01a04C3f3E0be433606045bB7017A7323E38, the Governance contract.

A quick tutorial:
etherscan.io/address/0xc0da…

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Compound Labs(@compoundfinance) 's Twitter Profile Photo
Compound Labs
@compoundfinance

3 years ago

Once a Proposal passes (by receiving at least 400,000 For votes, and a majority of votes cast), you can call the Queue function.

The input is the Proposal ID, e.g. '10'. This sends the proposal to the Timelock, where it waits for 2 days.

Once a Proposal passes (by receiving at least 400,000 For votes, and a majority of votes cast), you can call the Queue function. The input is the Proposal ID, e.g. '10'. This sends the proposal to the Timelock, where it waits for 2 days.
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Compound Labs(@compoundfinance) 's Twitter Profile Photo
Compound Labs
@compoundfinance

3 years ago

Once 2 days have elapsed, you can Execute the proposal.

The input takes an amount of Ether to send (0), and the Proposal ID, e.g. '10' again.

This will activate the Proposal, and upgrade the Compound protocol 📈

Once 2 days have elapsed, you can Execute the proposal. The input takes an amount of Ether to send (0), and the Proposal ID, e.g. '10' again. This will activate the Proposal, and upgrade the Compound protocol 📈
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