PANews|Oct 08, 2026 10:38
[Compound Community Proposal: Transfer Custody of EPCF and SVR Funds to 5/9 Multisig]
According to the Compound community forum (comp.xyz), forum user ugurmersin proposed an alternative plan after Proposal 613 was canceled by the Proposal Guardian on October 7. The alternative suggests not shutting down the Ecosystem Protection and Continuity Fund (EPCF) but only changing the fund's custody. The plan proposes transferring the EPCF (including 500,000 USDC and 4,583,400 USDC supplied to cUSDCv3) and mainnet Chainlink SVR revenue (355.95 ETH) from the Safe controlled solely by the Compound Foundation to a community multisig (Community Multisig) requiring 5 out of 9 signatures.
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