My historical stance on one-off grant requests like this has been that I prefer to see these be lumped into the broader grant programs already set up (Quest books, STIP / LTIP). Mainly due to competitive fairness, in that this bypasses the grant process that 100s of other programs to have to go (and to clarify, I’m speaking as a broad process - not that Kwenta or any other programs that ask for funding in this manner have done anything wrong).
I see that was addressed in the initial post - it is unfortunate the launch date just barely missed the time to qualify for the LTIP. I will add too that it is appreciated that your proposal is setup to be within the spirit of the LTIP. Unfortunately what can’t be replicated is the Council’s review of the project. This is obviously beyond your control, but is the inherent issue with these one-off requests — instead of being checked by the Domain Allocations of Questbooks or the Council in the LTIP, it comes down to direct delegate decisions.
With that all in mind and combined with the LTIP only be 3 months… I would not be in favor of this. This does not speak to my opinion on the team or the project at all, simply a byproduct of the DAO going the council route for grants and my own stance on not wanting to set a precedent. I would strongly encourage Kwenta to take the opportunity to launch their product and gather crucial info over the next 3 months to be ready for the next integration of the LTIP that I would imagine will be launching over the summer.
Edit to save space: Voting “Against” this proposal for reasons noted above. I will just add that given the DAO’s broad support of outside proposals I will probably warm up to the idea of not all things having to go through a framework. For now, I stand with my original opinion but will be re-assessing post LTIPP.
Edit 2 for Tally Vote: Will be maintaining my Snapshot vote of “Against” for the reasons noted above.