Voted FOR;
DRIP has represented a refreshing approach to ecosystem incentives since its inception, differentiating itself from previous DAO incentive programs through its focused scope, performance-based allocation model, and active management throughout the program.
Season 1 demonstrated that this approach can generate meaningful results despite challenging market conditions. According to the retrospective, Arbitrum increased its lending market share during a broader market downturn while expanding its lending ecosystem, onboarding major protocols and new yield-bearing assets, and achieving strong capital efficiency relative to comparable incentive programs.
Given these results, extending DRIP’s mandate by one year seems reasonable, especially considering that this proposal does not request additional funding but rather provides the flexibility needed to continue executing future seasons without being constrained by an arbitrary timeline.