According to TechFlow, on September 12, the Compound community issued a proposal to extend the Compound Grant Program (CGP) with a budget of $1.375 million for 12 months. During the past funding period, Compound received 92 proposals, accepted 23, and paid a total of $249,000. The extension plan aims to evaluate performance, balance costs and community expectations, and improve program results. In the future, at least 1 funding project will be provided for each RFP to increase the proposal completion rate. $800,000 of the budget will be used for new DApps and creativity, and the rest will be allocated to security, DAO, cross-chain and other fields. Voting has been opened and the deadline is September 15.