[Gnosis] Gnosis DAO Debates USDC Incentives Proposal: Community Concerns Highlighted 🧵 1/5

2/ Karpatkey has proposed that Gnosis DAO allocate 8k GNO to fund a USDC incentives program aimed at increasing USDC bridged into Gnosis Chain and eventually converting it to native USDC. The program will incentivize the adoption of USDC.e, compliant with the Bridge Token Standard, and will run until

3/ USDC is natively issued on Gnosis Chain. Incentives will target behaviors like depositing USDC in Aave/Spark and spending it with Gnosis Pay. Community reactions are mixed. Users like mrtdlgc have raised concerns about liquidity sustainability and the lack of prior communication with Circle. Refri

4/ points out that Karpatkey is not compliant with Circle's Bridge Token Standard and prefers using USDC.e on L2s. DigitalConsultants would have preferred a commitment from Circle for native USDC minting on Gnosis Chain rather than a bridge-incentive program. No next actions have been determined yet.

👉 Learn more at https://app.x23.ai/gnosis/discussions/topic/8674/gip-103-should-gnosis-dao-allocate-8k-gno-to-fund-a-usdc-incentives-program