Compound DAO Considers Extending Treasury Delays to Ten Days
Compound DAO is currently voting on Proposal 612, which aims to extend the treasury delay period from two days to ten. This change would give COMP holders more time to review and react before funds are moved. The vote, which opened on October 4, 2026, is already heavily favored, with a wallet linked to delegate Humpy casting 1.75 million COMP votes in support, surpassing the quorum threshold. Opposition votes stand at 921,000.
The proposal, submitted by Ugur Mersin on October 2, 2026, targets two key settings: the Treasury Escrow withdrawal cooldown and the Treasury Timelock minimum delay, both of which would increase from two days to ten. Additionally, it sets an expiration on the Escrow at 17 days, creating a seven-day withdrawal window after the cooldown ends. The Governor Timelock would also gain explicit roles as both executor and canceller over the Treasury Timelock, aligning treasury execution timelines with Compound’s full governance process.
The proposal follows recent activities by the Treasury Management Committee (TMC), including a $3 million stablecoin transfer and a $2 million USDC deployment into a Uniswap V3 COMP position. These actions have sparked accusations, such as the Compound Foundation allegedly swapping 8.42 million DAI for roughly 344,780 COMP before important proposal votes, although these remain allegations. Humpy, known for large COMP accumulation and involvement in governance dynamics, has played a significant role in the current vote.
If Proposal 612 passes, every major TMC action would include a ten-day public waiting period and a clear path to cancellation through governance. This would significantly slow down treasury actions, potentially taking more than two weeks from approval to completion. Key points to watch include the outcome of the vote scheduled to close on October 7, the TMC’s adjustment strategy if the proposal passes, and any further proposals targeting governance integrity in light of recent allegations.