The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We’re voting FOR the proposal.
Although we understand the motivation behind the bounty program’s creation and are voting in favor of the proposal, we remain skeptical about its potential effectiveness. We’re afraid that the whole thing will create more problems than solve and that the program’s existence will be used as an excuse for future proposal authors not to consider accountability or oversight mechanisms in their initiatives.
At the same time, as the examples in the proposals show, the DAO needs to have a way to ensure that the money it spends isn’t misused. As things stand right now, there’s no such mechanism in place that’s DAO-wide, and each initiative, in theory, needs to address that part on its own.
With that in mind, we’re willing to give the program a chance and see how things will unfold.