The return of 84000 MKR to Governance is great news and has put us in a great financial position. Congratulations to us all and a massive thank you to the Foundation for making this possible.
Naturally, this spawned multiple discussions on whether certain ideas/MIPs/groups could be funded using this windfall. For example, here and here. There are also discussions from Black Thursday victims along these lines outside the forum. Not to call anyone out in particular (I had some ideas myself too so I can relate!) but it seems like being flush with cash can result in some sub-optimal spending decisions, even as a DAO.
When someone wins the lottery, it helps to not change much for a while to let the new reality sink in. Given that the protocol has no pressing financial needs, should there be some sort of cooldown period before formally initiating plans for how to allocate these funds? I am not specifying the length of time, nor am I specifying what “initiating plans” means. Obviously, discussions on the Forum will not be bound by this but perhaps on-chain polls/signal requests can be. In any case, I just want to get a feel for what people think before we put in specifics.
EDIT: Sorry for the incorrect formatting where the title of the poll has become an option. I assume those who voted for it are voting that it’s a reasonable question to ask
- Should there be a cooldown period before deciding how to spend the MKR tokens from the Foundation