Compound isnt decentralized and focus is on pump TVL with "stablecoin farming". Early investors have goal to pump token price for better ROI. Users of protocol risk to much but dont have governance power to direct protocol in way to become decentralized (own by real users). DAI liquidation event was the right indicator how Compound holders (owners) react on technical failure. Users funds have been devastated by manipulation and they refuse to compensate them. But most of that big holders was voted on proposal for that oracle solution (Coinbase).
So, dumping COMP because of tokenomics isnt problem for now. Cartel holders structure are problem.
Compound isnt decentralized and focus is on pump TVL with "stablecoin farming". Early investors have goal to pump token price for better ROI. Users of protocol risk to much but dont have governance power to direct protocol in way to become decentralized (own by real users). DAI liquidation event was the right indicator how Compound holders (owners) react on technical failure. Users funds have been devastated by manipulation and they refuse to compensate them. But most of that big holders was voted on proposal for that oracle solution (Coinbase).
So, dumping COMP because of tokenomics isnt problem for now. Cartel holders structure are problem.