# Franchiser Operational Upgrade and Rebalance
AI summary
This proposal upgrades Compound's system for delegating treasury COMP tokens, called the Franchiser, to a new pool-based architecture. It also rebalances the delegated COMP tokens among various delegates based on their participation, as per a previous proposal (Proposal 504). The total amount of COMP delegated by the treasury remains unchanged, with existing delegations migrating to the new system without interruption.
If passed, the Compound treasury's COMP delegation system will be more streamlined and flexible. Three delegates who did not meet participation standards will lose their delegated COMP (totaling 81,178.58 COMP), which will be redistributed to three other active delegates: FranklinDAO, DAOplomats, and blockful. This benefits the active delegates by increasing their voting power and ensures the treasury's delegated COMP is used effectively.
Voting results
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Franchiser Operational Upgrade and Rebalance
Summary
This proposal upgrades Compound's treasury-delegation (Franchiser) system to a new pool-based architecture and, in the same step, carries out the first scheduled biannual delegate rebalancing under Proposal 504 — Compound Delegate Race (Cycle 2).
The total COMP delegated through the program does not change. Existing delegations migrate to the new pool with no interruption to voting power, and the pool reclaimed from under-participating delegates is redistributed to qua…