It’s not a single team, it’s a collection of subDAOs, who are funded under the Growth Program, and there is an invitation for the community to step up and join in a role.
Due to the Bull Market, we currently have more opportunities than we have attention, and our team is spread thin across all of them.
For example:
- The Incentives and Structured Products Business Unit is specifically focused on Campaigns. The process of running campaigns is composed of much smaller campaigns for each structured product which distributes incentives. Each partner requires their own deals for matched grants, content for co-marketing, distribution of rewards, development for structured products, and performance analysis to make sure we don’t overpay in incentives for TVL.
We are currently in the middle of a campaign on Optimism, and we also have $1M in Mantle Incentives - waiting on the sidelines. Mantle is currently within an ecosystem wide incentive program, and the fact that we don’t have a team which is devoted entirely to Campaigns, means that $1M in grant funds is sitting idle while the rest of the Mantle Ecosystem has a party. – It also means that our attention is not focused as deeply on the OP Campaigns as we could be.
We are specifically missing out on easy $MNT grant matching opportunities, by not having enough bandwidth to run both campaigns at once - along with all of our other responsibilities.
Those campaign responsibilities increase with every chain that we add, and there are 4 more in the pipeline.
What the Gantt Chart above is explaining, is that as Compound Grows, our responsibilities for execution also grow – which increases the scope of the Growth Program.
.:.
This is especially the case, because we cannot simply increase collateral factors, and access the Billions in Looper TVL which represents over half of Aave’s borrows.
You mention here, that we should pursue innovative solutions:
Each of these SubDAOs represents a specialized team, which is pursuing an innovative solution – and the structure described above, is about how these Business Units will give the DAO accountability and recourse as they pursue these solutions.