Based on AiCoin, Drift Foundation has proposed DIP-9, aiming to allocate $1.5 million monthly from protocol fees to Drift Labs for operational expenses, including engineering infrastructure, subscriptions, and gas fees. If approved, the initial $9 million will cover operations through mid-2026, followed by an 18-month funding period. The proposal will be voted on starting December 24, 2025, with an initial two-year execution period. Drift protocol has accumulated $42 million in total fee revenue.
Drift Foundation Proposes $9M Funding for Drift Labs Operations
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Summary
Drift Foundation has proposed DIP-9 to secure ongoing funding for Drift Labs, allocating $1.5 million monthly from protocol fees. The funding will support operational costs like engineering, subscriptions, and gas fees. The initial $9 million will last until mid-2026, followed by an 18-month phase. Voting starts December 24, 2025, with a two-year execution period. The protocol has generated $42 million in total fees.
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