I am seeing more and more Maker community members on the forum requesting more active donation, grant, and also liquidity programs. While they are good in theory, they have to be strategic.
For example, just yesterday, we saw how DeFi Education Fund and its related people sold a large portion of UNI they got from Uniswap governance despite the governance got the commitment to not dilute it right away and allocate for 4-5 years.
And while I can’t tell details while working at the Maker Foundation and previous blockchain career, you can probably guess there been countless broken promises and commitments when dealing with other entities, some even despite legal contracts.
The truth is people are self-interested and usually so are their entities. If there’s no way to keep them accountable, they will take advantage of it. The issue is especially acute as DAO doesn’t have many ways to enforce such. And even if DAO can let’s say sue them, bringing lawsuit itself is difficult and expensive and can backfire in public sentiment (as they will portray themselves as “victims”).
Therefore, while it’s good to see some are quite enthusiastic about initiatives, the governance might have an expensive lesson if not reviewed thoroughly.