The defi shadow committee – which is not an official committee – supports this proposal.
We are in support of the proposal and respect the creative reworking since last round. We’re beginning to take the view that liquidity mining and usage rewards are generally -EV activities to fund unless they amplify activity that is already sticky or promise to improve the function or use of protocols through composability or network effects. This proposal offers both.
It’s not clear to us that the changes made here are more cost-efficient than the original proposal made (as they’re direct incentives), but the emphasis on central tokens — wholly constructed by Tigris with little direction — speaks to the creativity and capability of this team.