Hey @allen_muhani - thanks for taking the time to comment and asking the question.
You hit on two of the most important, yet less-well understood components of a great grant program: a) What should be prioritized for funding and b ) how do we ensure the funds were well spent?
For point a: We evaluate all grant allocators to understand the value creation and scalability of grants. Going forward, we are refining the program manager application process to focus more on value creation and scalability vs. activity. Said another way, its great a grant program was created and gave away ARB, but what was the actual value of all that spending?
Point b is an ongoing challenge we are iterating on - with our friends at Karma we explored rating individual grant projects post close and we did this at a program level using Ethelo. Although the Ethelo program was focused on program awareness, the next iteration would include leveraging the right technology to scale and reward true value creation. And - just to make sure we are on track, we will use the board to ensure we maintain the right focus.
In an ideal state - we can ensure every token spent is strategically allocated and we maximize the impact of that spend. Are we there yet? No, but it is exactly where we are headed.
Thanks @allen_muhani for the great question, and for supporting the DAO.