Measure 1 Feedback
If the goal is to incentivize DeFi participation, then let’s really incentivize it. The Governance DeFi reward pool should carry greater weight than the Governance non-DeFi reward pool. In addition, DeFi participation has substantially more risk. Based on this logic, the proposed reward allocations are backwards. I suggest inversing the allocations, i.e., 63.5M ALGO DeFi reward pool / 7M Non-DeFi reward pool.
Measure 2 Feedback
Makes total sense and is a no-brainer. The ALGO/ASA LP pools should be restricted to:
- stablecoins: USDC, USDT, STBL, GARD, (xUSD), (goUSD)
- blue-chip assets: goBTC, pBTC, goETH
- top 15 ALGO/ASA LP pools ranked by total aggregated TVL (see https://vestige.fi/). The top 15 pools are determined by taking a snapshot of TVL when the Governance commitment window closes. LP competition will help to concentrate liquidity in the strongest projects.