On November 13th, AlphaGrowth's proposal 191 on the Compound community's lending agreement did not reach quorum and will not be executed. The proposal suggested allocating 7770 COMP (currently equivalent to approximately 410,000 USD) over a period of 4 months for the Compound Growth Plan. Of this, 2760 COMP will be allocated to the BD Fund (supporting business development and operations for the Compound Growth Plan), and 5010 COMP will be allocated to the Growth Fund (used to incentivize external parties to participate and promote Compound through marketing activities and fund integration).
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Compound growth plan proposals will not be executed because they do not reach the quorum threshold.
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