FIP-64-Growth and Development Grant

Author:

DeFi Dave

Summary:

Grant DeFi Dave compensation for growth and development activities on behalf of the Frax protocol.

Background:

Greetings Frax Community, I’m DeFi Dave and I have been a member of the Frax community since its inception. I previously worked with Sam and Travis at Everipedia and would later lead Growth at Gelato, securing some of their first partnerships and integrations as well as played a vital role in the success of their token sale. Over the past several months, I have found my way back to contributing to Frax, managing relationships as the Frax core team keeps their heads down to build as well as bring investments to the Frax DAO for approval. After speaking with Sam and the team, I propose a grant as follows:

-3000 FXS a month for the next 4 months -FXS to be locked in veFXS for min of 2 years

Motivation:

The motivation behind this proposal is to align incentives properly between myself and the protocol. It is my goal to make Frax and its primitives the leading financial protocol in all of DeFi/Crypto/Web3 and beyond and hope to build on my previous momentum to do so. When the four months are up, we can revisit this proposal again for renewal.

Proposal:

1. Grant DeFi Dave compensation
2. Do Nothing