Call for Input: Shaping Moonriver's DeFi Strategy

[aaron.mbf]

@Trilemma / @majin_moonwell - wondering if you have a perspective around the “additional thoughts” area of beamswap’s proposal:

@beamswapio

Considering the prevailing market conditions and the current state of Kusama and the Moonriver Network, Beamswap believes that the foundation deploying $1,750,000 worth of $MOVR as incentives over the next six months is a justifiable amount. Given the operational dynamics of the network, the proposal recommends allocating the majority of these funds towards a single decentralized exchange (DEX) and lending platform, namely Moonwell.\

Moonwell’s substantial audience, particularly on Base, positions it as a pivotal player in revitalizing Moonriver. Drawing from the lessons of Moonbeam Ignite #1, dispersing funds across multiple platforms risks diluting impact rather than enhancing it. Hence, the proposal suggests allocating $650,000 worth of $MOVR to Moonwell and one exchange, ensuring the establishment of a robust network for borrowing and trading. The remaining $450,000 should be earmarked for projects interested in building on or migrating to the network, with a cap of $100,000 per participant. This strategy fosters a competitive environment conducive to development and network presence.

Would Moonwell be interested in participating? Do you have comments on the proportion of grants between DEX, lending and potentially other teams?