Please give the community a chance to vote on their preference between allocating more to Defi versus more to funding community projects. Ideally combining measures 1 and 2 into a single choice, while keeping the 60MM Algo allocated to general governance (if that much is needed at all).
Options
A.
- 30MM to DeFi
- 1MM to xGov Community Grants
B.
- 1MM to DeFi
- 30MM to xGov Community Grants
I know I would vote for B, because that would provide tons of oxygen to the community and especially the builders to engage with the community. Think about it, new project ideas sprouting up, drumming up support from the community, brining new people in, voting on what’s best – the levels of engagement would be huge. Compare to one click extra yield DeFi, fire and forget until next governance.
We need to engage the community and bring new people in, and putting in more rewards towards DeFi would only serve to satisfy existing yield farmers.