I am in favor of the proposal to continue aligning Labs contributor compensation with the token, and starting to institute a reasonable, sustainable ongoing development budget. Protocols should be able to use their currency as fuel for growth, whether that’s for strategic partners or for recruiting and retaining talent, just like any equity-capitalized business.
That said, I do have two issues to bring up:
- Budget clarification: it’s important to note this token allocation is in addition to the previously set out fee allocation. As I have asked for before, any clarification around historical contributor expenses/compensation, or even the exact number and roles of contributors, would be helpful for judging how reasonable this proposal is.
Gmx v2: sustainable development - #18 by mistapie - Vesting requirements: I think this allocation should be converted to and distributed as esGMX.