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Drift Foundation initiates DIP-9 proposal: $1.5 million monthly funding to support protocol development.
[比推] Drift Foundation recently launched the DIP-9 proposal at the governance forum, aiming to build a sustainable fee distribution system to support the long-term development of the protocol.
According to the proposal design, Drift Labs will receive $1.5 million in funding support each month from the protocol fees to cover operational costs such as engineering infrastructure, various subscription services, and on-chain Gas. If the proposal is approved, the first phase will directly prepay $9 million to address the expenditure needs for the first half of 2026 in advance. The subsequent allocation model will shift to a monthly basis, with a continuous period set for 18 months.
The Drift protocol is currently operating well within its ecosystem, with a total of $42 million in fees collected so far. This stable inflow of funds provides a solid foundation for the feasibility of the proposal. The voting start time is set for December 24, 2025, and once approved, the first execution period of this mechanism is expected to last for two years.