PTIP-26: Llama 🤝 PoolTogether: Tokenomics Research and Exploring Alternative Capital Structures

Currently, the governance forum poll is 25 FOR, 1 AGAINST.
The snapshot vote is 21 FOR, 0 AGAINST.
The overall sentiment in this post and Discord also sounds very positive.

This gives us at PoolGrants confidence to move forward with this. We’ll nail down any open questions with Llama and get them funded ASAP.
We agree with Brendan that the governance process is not well suited for the payment schedule requested and that the overhead of funding this through governance is unnecessarily large.

We are still very happy with our decision to put this in front of the community rather than making the decision autonomously. If a similar situation, where the community’s support is essential, comes up in the future, we will bring it to a public forum post (probably not named PTIP) again.

As for payment in USDC, I think the best way to accomplish that is to have the first part of the grant be paid in POOL, since grants committee has that on hand now, and the second part be paid in USDC once PoolGrants has received funding for the second quarter. We will request that funding to be partly POOL, partly USDC.

“Approved by the community, funded through PoolGrants” - I love it.

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Agreed @Torgin ! Good choice to get everyone exposed to this proposal and make sure there is strong consensus!

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