Gauntlet will be supporting this proposal. We posted our reasoning in the Consensus Check thread here, but are glad to see the added commitment to use Tally’s Failsafe in the future. This should help give UNI holders stronger protection in the case something were to go awry.
The continued discussion in these threads is great to see - there are a lot of great suggestions here for how the Education Fund can better accomplish its mission to bring regulatory clarity to DeFi. As we mentioned in our Consensus check post, many of the concerns raised are valid. However as no one has brought to the forums any reasonable competing proposal, and it seems like the options are to move forward here and work with the Education Fund to address these concerns, or do nothing at all. DeFi is truly revolutionary technology that could change countless lives for the better, and a blunt regulatory crackdown could hamper adoption for years, if not longer. The Education Fund is a real chance to influence better regulation and policy that could help people lead better and more productive financial lives, and we are happy to vote yes on proposal 005.