[REJECTED] [PROPOSAL #7] Neutron Growth DAO - by AlphaGrowth

[josef]

@bryancolligan

We charge a 10% commission for all grants, liquidity incentives, milestone grants upon KPI success.

@bryancolligan

• paid a 15% performance fee on all integrations for non-dilutive capital (grants) successfully introduced by AlphaGrowth LLC
• AlphaGrowth will receive 5% of such fully funded grants for active conversations for support.
• AlphaGrowth will collect 5% marketing fee for any fully funded token swaps or OTC trades, throughout this engagement.
• AlphaGrowth will require a minimum $45,000 per month in Neutron token at contract strike price

In the long term, this will be more costly than the proposed Neutron Grants Program for both the chain and potential grantees. In my opinion, it is preferable that the network pay a larger fee to ensure that a potential grants program does not have to collect commissions on grants.

I also find this problematic due to the misaligned incentives here. If AlphaGrowth will collect a 10% commission on every grant, then they are incentivized to accept a larger amount of grants that may not fit the core growth objectives of Neutron.

“30 projects funded via the grants program” is a completely misaligned KPI… we specifically need projects that drive value to Neutron. I would recommend replacing this with something related to Community Pool fee revenue generated by projects.

TLDR: This proposal will most likely end up being more costly to the chain AND to grantees than [APPROVED] [PROPOSAL 14] Launching the Neutron Grants Program.