DeFi Renaissance Incentive Program (DRIP)

The following reflects the views of L2BEAT’s governance team, composed of @krst, @Sinkas, and @Manugotsuka, and it’s based on their combined research, fact-checking, and ideation.

We are voting FOR.

After reviewing the proposal and extensively discussing with Entropy both in private and public calls, we’re comfortable being cautiously supportive of DRIP and giving a new incentives program the benefit of the doubt. The committee appears to have the right blend of BD reach and day-to-day execution power to run a targeted, data-driven program.

Our support, however, comes with clear expectations. We’ll closely follow the program and expect results to be published in a format that allows anyone to properly verify the impact and outcomes of this program. If reporting or KPI start to stall without explanation, we’ll be vocal about it. For now, we’re pleased to see a focused, experiment-oriented plan move forward.