[READY] [GF: Phase 1 Proposal] Socket

Hey thanks for recco tooling committee, we based the amounts based on similar bridges like Hop, Stargate who had received the same with similar metrics & impact. Since the recommendation, doesn’t find specific issues apart from the token amount & specifically since we have received it really late into voting stage, we have no room to modify it even though we understand and accept the committee’s reasoning.

Since we have already reached quorum & wanting to ensure we don’t burden the voters again for a minor modification involving a reduction:
We propose that we are ready to accept the suggestion of reducing the requested token by 60% for this voting cycle & receiving the requested rest based on milestones we produce(i.e go from receiving 1M upfront → staggered milestone-based distribution)

If this is possible from the governance side, would love the committee’s and delegates support in the current voting round!

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