I am voting Against this proposal as written, but am really excited about this direction!
I love the idea of token swaps, but am not for the terms that are here. I would want a much larger amount ($500k min per swap), but thats not so bad for a pilot, the deal breakers for me are the unlock schedule and the fact that it is a straight swap and not an LP.
I would like to see a MUCH longer unlock period (at least 2 years, ideally never, unless there is a crises in either protocol), and I would make them all LPs. A token swap with an LP is just better for creating economic alignment and creates liquidity for both groups. It becomes a partnership instead of a transaction, I was surprised there was no research done on that in the report.
Contrary to some in the forum, I think the whitelisting process is a great start for picking the first 3 projects, and the overhead is in the reasonable range but it would be much better if we did larger swaps.