DeFi Renaissance Incentive Program (DRIP)

Thanks for the proposal.

This feels like an ideal pair with MATE proposal [non consitutional] to manage the number of acronyms in the DAO.

Jokes aside, I resonate with the intention of enabling a mechanism for a hyper targetted incentives, but the usual critiques to incentive programs still feel unaddressed

also echoed by

Perhaps most importantly,

  • when we compare what could be achieved with 80mn ARB in investments, why should we focus on Incentives instead? did we give up on the idea of DAO budget? or are we just approving things as they go? If this wasn’t such a large sum, this wouldn’t be an issue but at $80mn, we should have some planning on second order effects like eliminating our deployment capacity to fund other programs, no?
  • Why such a sum? couldn’t this be tested with 2mn ARB? or 10, or 20?
  • How will we know if this was successful? Any KPIs?
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