@harsha - Thank you for the extensive overview and proposal!
The renewal of the Compound Grants Program is long overdue and its absence has already been felt with several urgently needed improvements such as the Alternative Governance Changes requiring funding. As Domain Manager for both Security Tooling and Recurring Funding in this next phase of the program, I greatly look forward to seeing the new work that will be done.
Recurring Funding is a new domain that I’m especially excited for. It will create a formal structure to cover ongoing gas expenses of community initiatives such as comp.vote as well as the operational costs of maintaining past grant projects such as hosting fees and minor maintenance work. This ensures that CGP projects with recurring costs can be supported long past the conclusion of the initial grant funding with a more streamlined structure.