Compound Foundation Nears V4 Freeze as Comet Tests Launch

Compound Foundation's July 2026 V4 update reports on-track progress; V3.5 entered testing as V4 design neared freeze. Merkl rewards migration implementation is underway. Institutional Comet is in launch testing, with promising initial demand. Two smart-contract engineers expected to close imminently; 12+ candidates in interviews. August priorities focus on design freeze, testing completion, and migration launch.