Hi, thank you to TAG for starting this discussion, clearly explained and presented.
From my point of view, this proposal is very well aligned with the following two previous agreements:
• CP130: Goals and Themes for Resource Allocation for the Centrifuge Treasury
• CP107: Updated Treasury Spending Agreement
Some questions that come to mind:
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Do you know if there is any correlation we could follow between projects that have managed to succeed with this strategy?
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Do you think that the high token inflation rate of some protocols could impact on the benefits that Centrifuge would have with this swaps strategy?
My comments regarding your questions:
1- Agree with using a multisig.
2- In general, I agree with the criteria you propose for the Governance Delegation Program.
Finally, a maximum 2% Treasury allocation over a 12-month period as you propose seems prudent to me, I am all for implementing a no-sale clause during the first year and implementing a vesting period, in my opinion all this combined increases the probability of success.
Thanks again for presenting this discussion.