DeFi Renaissance Incentive Program (DRIP)

As a strong element of positive sentiment/confidence, I broadly support this initiative and the parties presenting/providing research for it (Entropy, Gauntlet, Blockworks, Chaos, Foundation, OCL, etc…). I also support the general approach of

I echo many of the delegates, such as @pedrob here in saying that assurances along the lines of transparency would be valuable. I know below there is mention of public data provision, but this seems more in line with an explanation of outcomes. I’d want to see a report on admissions decisions. I’m reluctant to say fully private admissions is ideal, but if it ends up that way, at minimum a thorough post-admittance report would help.

I believe @cp0x raises a strong point about vesting being a needed and beneficial addition to the structure.

@cp0x I am curious why you say this is a small amount though? I don’t say this to disagree with you, I am genuinely curious on identifying proper sizing and I am open to being convinced of higher or lower amounts.

Finally, marketing is a key addition which I strongly support. It’s also a component which should be added to proposals more broadly. That said, I would be interested in seeing the program track the actual conversion rates of the marketing strategies used. In this regard, it also serves as experimentation and data on marketing / marketing approaches more broadly which can then be generalized to future, even entirely unrelated, proposals. This has yet to be mentioned, but this form of metrics capturing should be added to the proposal requirements.

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