Circling back to my point about proof of work and transparency. A few people have stated that this kind of work has longer feedback loops, and that it would be hard to prove success before several years have passed. I want to push back against this by pointing out that it’s not so hard to create a slightly more structured roadmap, fund a few initiatives, and then simply report on that progress. Even that level of work and reporting would be better than nothing, and enough to show effective management.
Though people have mentioned above that DAOs and non-profits have transparency built into their structure, I’d prefer to get some of that transparency and reporting before funding an organization with $40M.
Strong agreement with @berlemeans surrounding his point #2. Additionally, even though I’m not an expert on costs here, I think his points on costs are worth noting.
Most importantly, I echo @rleshner’s concern regarding the precedent set here if this goes to formal proposal and passes a vote in the next week or so. To pass this so quickly despite how many specific concerns have been brought up would prove that the UNI treasury can be spent on short notice by any group with brand names and a directionally correct big idea.
Many people above are stating that this is the general kind of thing we should be funding, and then leaping to the conclusion that it’s time to fund this right now, before addressing the details. However, the details really matter here, and we want to get this right. If there were 3 separate groups all proposing the same thing, we’d obviously start comparing the details of their plans. But for some reason, since there’s only one proposal for this general idea, many have decided it’s time to pass it right away.
My sense from this thread is that everyone agrees this kind of committee is worth funding. In addition, everyone seems to agree that the members of this committee are some of the most qualified to do so. Therefore, it seems like the next step would be collaboratively hammering out some of these details before moving to a formal Yes/No vote.
With just a few more weeks of work to address the top concerns above and come up with a detailed plan that accounts for them, I’m confident we could get to a place where many of the No votes become Yes votes. But to pass this in the current state feels really premature, and detrimental to Uniswap governance by means of the precedents it sets.