ABOUT
cp0x is infrastructure, education, community.
We are actively fighting for the development of the DAO and have at least 10 projects with delegations
Uniswap Foundation (UF) is requesting
$95.4 million in grants (for 2 years):
$33.7 million for developers
$33.7 million for management
$33.7 million for infrastructure
and other small things…
$25.1 million for UF itself (for their work, while they write that they are a team of 16 people and plan to hire 12 more) so the employee salary will be about $37,350 per month excluding vesting. With vesting $48,172 per month
And also the detailed calculations do not match what they requested - 25 million and 38 million - a difference of 13 million.
If this proposal were divided into 2 parts, I would vote for grants, but against such expenses for UF
Additional request for grants (in addition to what was asked in the previous proposal) to stimulate Unichain and v4.
24 million for incentives to transfer liquidity from v3 to v4 by 23 billion in six months.
21 million on Unichain. Optimism rollup - stimulation of pools on this chain.
As in the previous proposal, the combination of two grants that are not directly related, which may have different opinions, raises doubts.
If there are no questions about the first program, then the second is confusing in that it is unclear who will be the user of this new chain, where there will not be much liquidity initially, which means that slippage will be higher (which is of course compensated by incentives, but when they run out - no one will need this chain). What is the competitive advantage? After all, if there is none, then we will simply spend money without the desired effect.
These proposals need to be divided, like the previous one. It is a bad idea to mix good and bad proposals and thereby accept something that is not needed by the community.
We have cash on hand. So the amount we request from the Treasury takes that into account, we subtract cash on hand from our projected budget to get the ask to the Treasury. That accounts for the difference there.