I’ve now gone through the proposal & thread in more detail. As I understand it, the ~56% is for liquidity mining, and ~44% is for builders incentives on top of Homora - so not directly incentivizing building a closed-source protocol. I don’t have a big issue if the protocol is not open source (e.g. business source is acceptable in certain cases); however, it’s not acceptable if parts of the protocol aren’t readable outside of the developers. I’m changing my vote to Abstain, until there’s further clarity. In general, if a protocol is “closed source now but planning to open source soon” I’d recommend waiting till it’s open sourced (or, at least, source available if opting for an alternate license) before applying for a Gov Fund grant.
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