Gauntlet's $2.3M contract renewal with Compound faces opposition-ABC NEWS:Building Your Future, Block by Block

Gauntlet's $2.3M contract renewal with Compound faces opposition

the $2.3 million contract renewal between the Compound Finance and Gauntlet lending platform is facing opposition, including reasons such as "poor economic performance" and "conflicts of interest". Before Gauntlet proposed the contract renewal, AlphaGrowth founder and CEO Bryan Colligan posted on Compound's governance forum advising that Compound "should not rehire Gauntlet in the existing model".

About ABC NEWS

Covering the latest market trends, DeFi developments, and regulatory news. Committed to providing accurate and timely insights for investors.