Update 24 Feb.
Based on your feedback and discussions with the Governance Advisory Committee, we have decided to table the Project Relief Pool measure at this time.
We are only one quarter away from xGovs being able to vote on community proposals and we want to allow xGovs the opportunity to consider those applications as part of the program.
GP6 Measures
GP6 measures are going live on the governance today, Friday 24 February by COB (EST) to allow a week for further feedback before opening the vote on 3 March.
Measure 1 - Boosting the DeFi allocation by 5MM ALGO from 15MM to 20MM ALGO.
[New] Measure 2 - Reallocate the 5MM boost to a Targeted DeFi rewards program allowing DeFi protocols to apply for the boost based on qualifying criteria. More details on the governance portal soon.
This new proposal is based on @GARDIAN’s idea and it might ignite the impact that @ROAM foresees with their liquidity provision idea, which I have noted down to discuss with my team to investigate feasibility.