Compensator

Compensator

Delegate Marketplace

Compensator is a delegate marketplace to enhance governance processes in the Compound DAO. It provides a secure and transparent environment for allocating votes and receiving compensation.

The Challenge

Effective governance in decentralized (and traditional) systems faces low turnout, lack of incentivization, and complexity related to decision-making processes (such as alignment). These issues undermine the efficacy and legitimacy of governance outcomes.

The Solution

Compensator solves these challenges with a marketplace where COMP holders trade votes for compensation, incentivizing participation and improving governance outcomes. Rewarding engagement boosts turnout while ensuring decisions align with tokenholder interests. This creates a more active, efficient, and legitimate governance system.

Key Features

  • Marketplace: Explore active delegates and delegate votes.
  • Compensation: Earn compensation in COMP for delegating votes.
  • Analytics: Insights into vote patterns, compensation trends, etc.

How It Works

  1. Participation: Browse, select, and allocate votes to delegates.
  2. Execution: Withdraw COMP rewards once voting has ended.
  3. Outcome: Review the impact of your participation.

Conclusion

Compensator provides a path for COMP holders to be directly incentivized in contributing their vote power, thereby enhancing the participation and legitimacy of governance outcomes. We thank CGP (Compound Grants Program 3.0) for supporting this project.