[Compound Community Proposes New Alternative Proposal to Transfer Custody of EPCF and SVR Funds to Community Multi-Signature Wallet] According to Deep Tide TechFlow, on October 8, Compound community member ugurmersin proposed an alternative plan in response to Proposal 613, which had previously been canceled by the Proposal Guardian. This new proposal suggests transferring the custody of the Ecosystem Protection and Continuation Fund (EPCF) and the mainnet Chainlink SVR income funds from the current multi-signature wallet solely controlled by the Compound Foundation to a community multi-signature wallet requiring 5-of-9 approvals. Unlike Proposal 613, which directly sought to close the EPCF and transfer the funds into a time-lock contract, the new plan retains the original purpose, scale, 48-month duration, and emergency deployment functionality of the EPCF, only changing the holder of the fund keys. The assets involved include 500,000 USDC under the EPCF, 4,583,411 USDC deposited in cUSDCv3, and 355.95 ETH in the mainnet SVR reserve (totaling approximately 5.08 million USDC and 356 ETH). The proposal initiator stated that the aforementioned funds are currently controlled by only two identical addresses nominated by the Foundation, lacking withdrawal cooling periods and oversight mechanisms necessary for treasury management. On-chain data shows that the Foundation has previously transferred assets to centralized exchanges without disclosing such actions in transparency reports. The proposal argues that a community multi-signature wallet composed of nine different institutions would provide stronger checks and balances as well as enhanced oversight.