Grant Program Governance
Grant Program Governance refers to the systems and processes used to evaluate, fund, and oversee projects that contribute to the development and growth of a protocol. This involves defining the scope of grants, establishing an application and review process, and monitoring the progress of funded projects.
Effective governance ensures that grants are awarded to high-quality initiatives that provide real value to the ecosystem. It also involves managing the risks of grant misuse or underperformance through milestone-based payments and clear reporting requirements.
By fostering a vibrant developer and contributor ecosystem, grant programs are a primary driver of protocol innovation and adoption. They require a balance between community oversight and efficient decision-making.