Blockworks Research will be voting AGAINST this proposal on Snapshot.
Similar to what others, like @cp0x, have said, we believe this proposal creates some perverse incentives. It appears to be “planning to plan” and needs more concrete evidence prior to pursuit. We would prefer a proposal that thoroughly addresses the DAO’s problems upfront. The current proposal allocates $350,000 to the pilot fund but lacks a detailed distribution plan and specific funding targets. There is also a lack of clarity on the fund’s structure and how it will manage its Questbook tracks. While it mentions an assessor appointed by the DAO, it neglects to define the criteria for this role and the specific problems the assessor will address.
Additionally, we have concerns about the timeline:
The Pilot is expected to last 4-6 months depending on whether the option to distil learnings into a playbook for proposing to the DAO is approved in Snapshot or not.
There is no mention of key metrics and objectives beyond general goals. For a project of this magnitude, potential delays and buffering periods should be considered. While KPIs are valuable performance metrics, we need to see more KPIs beyond the project’s continued existence through funding. If the infrastructure aims to improve DAO interactions, there should be a KPI related to the delegate side of the organization. Finally, we need clarity on the 20% volatility buffer in the funding plan and the payback mechanism for overestimations in case of token appreciation.