Compound Labs, the team behind the Defi-protocol connection financing, is considering launching a special basis to streamline the activities and support the development of the protocol.
Compound is one of the most popular Defi -credit protocols on Ethereum. According to Defillama factsThe platform currently has locked $ 2.5 billion in total value (TVL).
After the announcement, comp, The native token of the compound finances fell around 6% to a local low of $ 42 before it recovered somewhat to act at around $ 45 from the moment of press, based on CryptoSlate facts.
Why compound basis?
In a social media on April 1 afterThe company noted that setting up a standard practice foundation has become in large Defiecosystems. A similar structure for connection would help bring more stability, legal clarity and community tuning to the activities of the protocol.
The team acknowledged that the early operational model of the protocol was fundamental, which reflected the experimental nature of Defi during his early days. As the platform grew up, however, the lack of a central structure made the management of critical processes more difficult.
Despite the outsourcing of areas such as risk assessment for Gauntlet and security auditing to Open Zappelin, the absence of a formal basic basic complexity has caused.
The team stated:
“With the upcoming development of composite V4 and growing involvement in the community forums, together with the progressive decentralization of the composite ecosystem and the withdrawal of the involvement of composite laboratories, we have seen the growing need for more consistent structure. In response we believe that it is time to explore the creation of a one Compound. “
The proposed composite basis would be independent of composite laboratories and existing entities if created. It would offer a reliable layer of coordination and leadership for the stakeholders of the protocol.
Compound Labs said that the aim of the foundation would be to offer a model that is comparable to what the Uniswap Foundation offers its community, facilitating management, development and communication between contributors.
Before he improves, Compound Labs plans to open the conversation on its forums for the community to collect feedback.
