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Drift Foundation initiates DIP-9 proposal: $1.5 million monthly funding to support protocol development.
[比推] Drift Foundation recently launched the DIP-9 proposal at the governance forum, aiming to build a sustainable fee distribution system to support the long-term development of the protocol.
According to the proposal design, Drift Labs will receive $1.5 million in funding support each month from the protocol fees to cover operational costs such as engineering infrastructure, various subscription services, and on-chain Gas. If the proposal is approved, the first phase will directly prepay $9 million to address the expenditure needs for the first half of 2026 in advance. The subsequent allocation model will shift to a monthly basis, with a continuous period set for 18 months.
The Drift protocol is currently operating well within its ecosystem, with a total of $42 million in fees collected so far. This stable inflow of funds provides a solid foundation for the feasibility of the proposal. The voting start time is set for December 24, 2025, and once approved, the first execution period of this mechanism is expected to last for two years.
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Accumulating $42 million in fees, this foundation is indeed solid. No wonder they dare to ask for so much.
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Wait, $1.5 million/month × 18 months, plus the pre-paid $9 million... Is Drift setting up a secure job for itself?
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Voting on December 24th, just before Christmas, this needs to be finalized. It's a bit urgent.
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Honestly, I understand the logic of allocating funds from the fee pool to themselves, but I feel the community will have concerns.
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Infrastructure, subscription, gas fees all piled in—are they fully centralizing the protocol development?
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It's another prepayment model, betting on the future to hold up.
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42 million in fees are still stored, this financing is very stable.
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Voting on December 24, Christmas Eve, the timing for Drift is quite interesting.
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Sustainable cost system? In plain terms, it's just extending one's own life.
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150,000 dollars a month for 18 months, feels a bit greedy.
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Ecological operation is good + stable cash flow, this logic makes sense, right?
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9 million in prepayment is a bit fierce, what is this betting on for the first half of 2026?
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Drift is going to raise money again, the pace is getting faster.