I apologize that I have been focused on work outside of the community and have not been active as a member for some time.
And I am glad that there is a lively discussion going on.
First of all, I would like to pay tribute to reverie and the Grants team.
They have struggled hard since the program was launched.
The first step is the most important step.
And since the snapshot is already underway, I will only give my opinion briefly.
I am in favor of this proposal.
I think the budget allocation is appropriate. About V4, may be appropriate 95%.
Market conditions are such that DeFi’s dominance is fading, so allocating budgets to strengthening the community will not be very effective.
Also, if all goes as planned, V4 will be released in the middle of the Extenstion period.
It would be better to polish up dYdXs weapons and then invite friends to join.
Also, I generally agree with the new governance model.
However, because of concerns, I recommend consideration of the following several points.
1 In general, as governance models become more complex and decentralized, it becomes more difficult to understand their own responsibilities range and rules.
This is more a matter of individual perception than a matter of automation,
The more people who participate in governance, the more likely there will be differences in perception,
so It is necessary to summarize the roles required for each position, the relationships and prohibitions in an easy-to-understand.
For example, below image.(Created for the Japanese community.Please let me know if there are any mistakes.)
It would be ideal if the DAO could manage such a guide independently, For the time being, it would not be a problem for the Foundation to make.
2 Work with risk analysis subDAO (future)
The current governance model does not have a external body that quantitatively assesses the risk of Grants execution.
The more specialized the grantee, the more difficult it is to understand what it is spending against.
More ideally, the model of a company with a nominating committee would be helpful.
My personal opinion is that the DEX has a certain amount of neutrality towards any project (there is only listing or not listing).
I think it would be interesting for dYdXDAO to run such a risk assessment agency and dispatch it to other projects.