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Compound · closed proposal

Transfer Ultimate Control of Institutional Comet to Compound Governance

0x5b29…ede3·ended 57y ago
Voters
18
COMP voted
2783315779757200.50B
≈$69137563969168856.00B
Token price
$24.84

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Voting results

For1799026123950440.25B (64.6%)
Against984289655806759.88B (35.4%)
Abstain0 (0.0%)
2783315779757200.50B COMP · ≈$69137563969168856.00B · 18 votersblock 2026-09-19T09:16:47Z

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Full proposal

Original markdown · Compound

Transfer Ultimate Control of Institutional Comet to Compound Governance

Summary

Institutional Comet has had a strong launch, and I want to start by congratulating the Foundation, TMC and everyone involved in getting it live.

I support the direction of the product and want to see it succeed.

There is, however, a fundamental governance issue that I believe COMP holders need to formally resolve.

Institutional Comet currently operates under administrative and upgrade permissions that Compound Governance cannot ultimately revoke without the cooperation of the parties holding those permissi…

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