I agree that in the medium to long term, a dedicated committee makes sense. In my view it would be good to start by aligning on a framework for evaluating grants, and then elect a committee as volume increases in the future.
I wonder what everyone thinks of the following:
- Grant applicants should be asked to define objectively measurable performance metrics relating to the grant program goals, which could include the metrics I mentioned earlier or others defined by the community.
- The DAO could start out with quarterly grant cycles, where there is a one month open window for submission at the start of each three month period, after which no further applications will be considered until the start of the next period. The first period could be set to begin around or after the transferability of the MORPHO token, assuming that the ongoing discussion proceeds to a vote, as a price for the MORPHO token will make it substantially easier to determine the correct award amount for a given proposal.