We have had the privilege of collaborating with the UF over the past year as a delegate, during which the UF established the foundation, supported proposals, created grant initiatives, grew, held events, and more. This proposal demonstrates a forward-looking understanding of the protocol’s trajectory and also aligns with ConsenSys’ core objective of fostering community-driven governance.
The receptiveness of the Foundation to community feedback is appreciated, especially in revising the funding strategy to enhance accountability with protocol governance and core stakeholders. The current proposal reflects a balanced approach, ensuring resource allocation without undermining the potential to support promising projects. This is among many things that help promote a transparent relationship between stakeholders.
The role of a foundation can vary based on the protocol, ecosystem, or stakeholders. In our view, the role of the UF is to support protocol governance and foster growth in the ecosystem. This proposal resonates with our broad belief.
We are optimistic about supporting this initiative through the governance process and fully anticipate positive outcomes for the ecosystem.