Sharing our feedback from DeFi Committee A on this proposal:
“The amount requested is too large for an early stage project. There is a slow distribution cycle, lacks incentive matching, and 450,000 of the amount requested (50%) is directed towards the project’s own liquidity. The ecosystem value proposition is not as clear for this request. Our recommendations for this proposal would be to lower the amount requested, advise anything being used in 2023 to be requested at a later date, and remove the 450,000 OP distribution that are used for the project’s own liquidity.”