DeFi Renaissance Incentive Program (DRIP)

DAOplomats is voting FOR on Tally.

We see DRIP as a meaningful step toward a more structured, performance-based incentive strategy within Arbitrum. It is encouraging to see this incentive experimentation.

We previously expressed concerns around the centralization of authority within the SSC and the implications of a small group managing a substantial budget. That concern still holds, but we appreciate the inclusion of a community-based circuit breaker. This backstop, combined with the season-by-season structuring, gives us enough confidence in the program’s governance for it to proceed.

Our other concerns on overlapping seasons and the arbitrary nature of the three-month cycle were addressed adequately by Entropy.

Upon passing of this proposal, greater transparency around internal deliberations, more clearly defined performance metrics, and mechanisms for public accountability should be prioritized for us to fully support a renewal of this program when the time comes.