Fair enough. I actually didn’t realize you were a Rubicon founder. I think an abstention in that case might be more appropriate, but there is no rule that you can’t vote down a fellow DEX so that’s your call.
For the record, if Rubicon can come back showing that they have delivered same kind of growth multiples on your 900,000 OP grant I promise we’ll be first in line to show support for your next proposal.
Since you raised this again, I’ll want to make sure reemphasize all our responses that put the size of our ask in proper context so people don’t the wrong idea.
Our ask is significantly smaller than those distributed to date by the Governance Fund relative to key KPIs:
Velodrome is offering 31x the co-incentives of other DEX projects combined while only asking for 1.6x larger grant.
Our grant request is oriented towards continuing activities that have a proven ability to return 2x-3x the underlying value of grant:
Our grant is dramatically over performing Governance Fund grants to date:
In short, the grant only looks large if you ignore baselines in terms of KPIs, massive co-investment, or demonstrated ROI multiples it has delivered. It remains significantly smaller in actual dollar terms than the one originally given to us by OPLabs. Repeatedly suggesting “it is too big” without directly engaging in this context isn’t constructive, especially from someone who received their own incredibly generous grant but has yet to produce evidence of similar returns.