Makes a lot of sense the way you outline the pilot, particularly pleased to see point 6 included for stricter accountability.
Would agree with @Gauntlet that in future iterations grant assessments is probably best done by a committee of sorts, though for this first round I think having delegates involved can be a good experience this early on with governance just launching etc etc. Also, I’m inclined to agree with @Re7-Labs, not sure it makes complete sense to close the door to retroactive grants entirely; that is, if there is a protocol that can be tweaked to benefit Morpho, we shouldn’t turn those down just because they’ve already built the thing. At the same time, it’s understandable to want to keep things simple for now, so perhaps that is also something to consider for the next iteration.