Governance Proposal 005 - DeFi Education Fund

Almost everyone agrees with the argument of funding a political defense organization / education fund, and in particular the Gauntlet arguments on that topic are also sensible. However it seems that you do not address the question of the amount requested.

What is the opinion of Gauntlet on the fact that a pilot project is about to be funded with millions without any clear milestone, or any detailed budget? You said the following in a previous thread:

While the sum requested is large, the sum needed is even larger.

This may very well be true eventually, but this needs to be justified a bit more for the first project of its kind. What expenses can we anticipate? How many full time employees will there be? What will be their exact roles? What is expected to be the first deliverable of that project?

I reiterate that it seems much more sensible to fund a pilot project with a lower amount, perhaps enough for 1 year of runway (with justifications for that amount), and reassess further funding of the same group after some milestones. In fact, I find it deeply concerning as far as the maturity of the space is concerned that governance seems so willing to unlock funds without any detailed budget.

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