Compound governance proposal seeks to end COMP yield farming craze

Cointelegraph

Published Aug 26, 2020 06:39AM ET

Updated Aug 26, 2020 08:40AM ET

A new Compound governance proposal from Gauntlet founder Tarun Chitra would see all future COMP token distributions locked in a vesting schedule.

The proposal was submitted on Wednesday and outlines several ways that the vesting could be implemented. One would involve discrete vesting where the tokens could be claimed at periodic intervals, while another proposes “continuous vesting” that frees tokens gradually as they reach maturity.

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