Described and elaborated in 2023 Tokenomics RFP, the concept of Developer Revenue Incentivization Protocol (DRIP) allows teams to request specific funding in dollars, with the Hub using a price oracle to determine the amount of ATOM required.
Spending limits are set to protect against extreme price drops, preventing excessive depletion of resources.
This system provides developers with potential benefits if ATOM’s price increases, while safeguarding against losses during price declines.Grant also covers audit and maintenance for the period of 6 months
