Compound DAO is voting on whether its treasury should have to wait longer before moving money. Proposal 612 would stretch key treasury delays from two days to ten, giving COMP holders more than a week to react before funds leave. The vote is already lopsided. A wallet linked to delegate Humpy has cast 1.75 million COMP votes in support, enough to push the proposal past quorum. Against votes sit at 921,000. What Proposal 612 actually changes Ugur Mersin submitted the proposal on October 2, 2026. Voting opened on October 4 and is scheduled to wrap up on October 7. The core change targets two settings. The Treasury Escrow withdrawal cooldown would rise from 2 days to 10 days. The Treasury Timelock minimum delay would also climb from 2 to 10 days. The proposal also sets an expiration on the Escrow at 17 days. That creates a seven-day withdrawal window after the ten-day cooldown ends. If funds are not withdrawn in that window, the opportunity lapses. Proposal 612 would give the Governor Timelock explicit roles as both executor and canceller over the Treasury Timelock. The main governance contract would hold the power to push treasury actions through, and also the power to kill them. The...
Compound votes on Proposal 612 to stretch treasury delays from two days to ten
1 week ago
16
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