Revision 1: Added context on ARDC findings in the Abstract

Section Changed: Abstract

Change: Added: "The DRIP is built on ARDC's findings from past incentive programs and aims to create opportunities to rethink how incentive programs can better serve long-term ecosystem health rather than just short-term growth spikes."

Justification:

• Primary supporting feedback: Priority #1 from @Euphoria (SimScore 42%): "First off, we'd like to thank @Entropy for putting the much-awaited DRIP proposal. We see initiatives like DRIP as opportunities to rethink how incentive programs can better serve long-term ecosystem health rather than just short-term growth spikes like we had in our earlier incentive programs."

• Additional supporting feedback:

• Priority #2 from @Argonaut (SimScore 41%): "We see a high potential in the application of this approach, which we understand has been developed based on ARDC's findings from past incentive programs."

• The change addresses the need to explicitly acknowledge that DRIP represents a shift in approach from previous incentive programs, focusing on sustainable ecosystem health rather than temporary TVL growth.

Revision 2: Added community involvement in the selection process

Section Changed: Abstract

Change: Added: "The committee will ensure that the whole community is involved in the selection process for the proposed seasons, while still maintaining operational efficiency."

Justification:

• Primary supporting feedback: Priority #2 from @Argonaut (SimScore 41%): "We see a high potential in the application of this approach, which we understand has been developed based on ARDC's findings from past incentive programs. We definitely see this approach as valuable and feasible at the same time and still promising in terms of future results, but we are not quite sure if we understand correctly if the whole community will be involved in the selection process for the proposed committee that will choose the moments and goals for each season that is to begin, beyond Entropy, OCL, the Foundation itself, key stakeholders and partner companies. Maybe this has to do with the fact that the seasons are 3 months each and taking these members selections every 3 months period is overwhelming. Would you mind clarifying this?"

• Additional supporting feedback:

• Priority #5 from @chamadao (SimScore 37%): "We really like this program, thanks for the efforts here who is going to be distributing incentives and setting the amounts, how will that be tracked? And the season selection committee, how will this be decided?"

• The change clarifies that there will be community involvement in the selection process while acknowledging operational constraints.

Revision 3: Added evaluation process details

Section Changed: Abstract

Change: Added: "Additionally, the DAO will receive regular updates on the program's performance, including detailed evaluations at established frequencies (e.g., mid-season, end of season)."