Proposal: [2601 Grant] Loan interest return to boost bitcoin-backed circular economies - Milestone 1
Voted: Against
Rational: We voted against this proposal for several reasons and most importantly, the lack of understanding of the actual direct impact for Rootstock, as well as confusion of the actual grant allocation in the budget for operations, marketing, etc. While we are in general support this pilot project, we are unsure without detailed thoughts from the proposal author of how much impact this project will actually have. While we appreciate the author’s response to the Foundation, the TVL and Revenue generation does not appear completed flushed out. As noted in our comment thread on this proposal, if this proposal for M1 does pass, we will probably vote “against” for future milestones, unless there are more details and clarification provided.