Hi @kevin , we will withdraw the on-chain proposal. That said, we’d like to clarify that we have no intention of rushing this proposal. We have been taking active feedback from the community on every community developer call, and the feedback on the proposals through the discord grants channel very frequently throughout the duration of CGP 2.0. We have also explicitly requested and taken feedback from all the grant proposals both from the accepted and rejected groups.
Before submitting the renewal proposal for an on-chain vote, we also conducted a temp check vote to gauge the community’s sentiment towards the renewal proposal where we witnessed a clear majority towards the renewal. A similar process was followed for CGP hackathon proposal. Over the last 12 months, we have optimized the entire process, tooling, flow and communication to ensure every part of the grants program is as transparent as possible. We have always invited community participation on every community developer call, and discord chat. We intend to optimize for what’s best for Compound. If you as a representative of Compound Labs think the renewal of the proposal is not optimal at this point of time, we are open to withdrawing the on-chain renewal proposal to allow for further revisions before proceeding further.
a) these discussions have finished and b) the community has had a chance to thoroughly access the value generated by CGP 2.0
We respect these considerations and request you to provide specific timelines for concluding these discussions along with actionables. We assumed that we have taken detailed feedback from the community through demo day, forms, community dev calls, polls and replies on the forum post before submitting an on-chain vote.
If there are other parties who want to help with improving the grants program, we are always open to taking feedback or collaborating with them as long as the process is transparent and decentralized. We appreciate the involvement of Alastor & w3s and Alphagrowth in improving the next iteration of CGP and are open to taking their feedback and collaborating with them. We invite them to engage in a discussion on this forum post for potential collaboration. Additionally, we are receptive to revising domains, and allocations, and re-structuring processes with inputs from Compound Labs and the community through discussions and polls. We encourage Alastor & w3s, Alphagrowth and other interested parties considering to contribute towards CGP within a new domain while taking on domain allocator roles, to actively participate in community deliberations. We will initiate a community vote and gather feedback during a community developer call before presenting the refined proposal for consideration. Your involvement is essential in shaping our collective direction.