Defi Committee A Recommendation
Voting recommendation: No
Rationale: 35% is allocated to retroactive air drops which have proven to be ineffective as shown in the governance grant performance presentation. 30% is allocated for development and maintenance and it’s unclear if these tokens will be sold which would violate the no sale rule.
Next Steps: We would like to see the retroactive airdrop removed and clarify whether the intention is to sell the 30% allocated for development and maintenance.
Note: Linda and Bobby recused themselves due to conflicts of interest.