The following reflects the views of the Lampros Labs DAO governance team, composed of @Blueweb, @Euphoria, and @Nyx, based on our combined research, analysis and ideation.
We’re voting AGAINST this proposal.
The extension request comes during the Incentives Detox period, and we think it’s important to stick to the original LTIPP timeline. This will help us better understand how the program performed. We get that the motivation and reasons in the proposal make sense, and we like seeing incentives used wisely. But for the greater good of the DAO, we believe we need to say no this time.
There are a couple more things to think about. First, only 75K ARB tokens were used out of the 1M ARB allocated. This really shows we need to rethink our incentives and how we handle them. Also, allowing this extension might not be fair to other projects who didn’t know they could ask for one. While we appreciate Pyth Network’s work, we think staying on track with our plans to review and improve our incentive programs is the right move for now.