Compound governance is currently voting on Proposal 612, which aims to extend the treasury timelock delay from two days to ten days. The measure would grant the protocol additional time to cancel or modify treasury transactions before execution.
A wallet linked to Humpy by Blockful has cast 1.75 million COMP votes in favor of the proposal. The extended delay period is designed to enhance security by providing a longer window for community review and potential intervention on treasury actions.
Compound Proposal 612 Seeks to Extend Treasury Delay Period to 10 Days
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