PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1
We voted in support of the Delegate Incentives Program. Initially we expressed some concern over the size of the program in relation to the treasury (see link), and were happy to see that this feedback was implemented.
The DAO is at an important crossroad as to its role in supporting the Paraswap protocol, and paying dedicated delegates will help ensure the DAO can adequately support the protocol going forward. Still, the DAO must strive for efficiency in its resource management, and cannot afford to hesitate to cut those that do not sufficiently contribute.