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Compound Reserve Wallet Gets $8 Million in COMP Before DAO Vote

TokenPost·September 29, 2026·1 min read
Compound Reserve Wallet Gets $8 Million in COMP Before DAO Vote

Compound's reserve wallet received $8 million in COMP tokens before a DAO vote, helping supporters cross 50% of delegated voting power for Proposal 582. The proposal approved a $52 million V4 program budget. The transfer was likely aimed at securing quorum and passing the governance proposal.

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