Overview
- The Compound DAO approved the two‑year, $52 million program and installed a new leadership team on Monday to refocus the protocol on institutional clients.
- Only $14 million is released immediately while $38 million sits in a reserve wallet controlled by a planned five‑of‑seven Treasury Management Committee multisig and will unlock only after committee certification of milestones.
- Year‑one deliverables that gate further payments include hiring a full product and engineering team, shipping a V3 integration kit, deploying a new liquidation engine on mainnet, and producing audit‑ready V4 contracts plus a private alpha.
- The budget splits roughly into $28 million for operations and $24 million for growth, with about $8–$10 million specifically set aside to subsidize institutional partnerships and to build a hub‑and‑spoke V4 architecture for better capital efficiency.
- Compound’s pivot responds to a long slide in deposits — TVL fell from about $12 billion in 2021 to roughly $1.2 billion now — and its success will hinge on hiring, shipping audited code, and converting partner talks into live integrations against strong competition.