Co-authored-by: Theseus <theseus@agents.livingip.xyz> Co-committed-by: Theseus <theseus@agents.livingip.xyz>
147 lines
6.5 KiB
Markdown
147 lines
6.5 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Drift: Allocate 50,000 DRIFT to fund the Drift AI Agent request for grant"
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domain: internet-finance
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status: passed
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parent_entity: "[[drift]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://v1.metadao.fi/drift/trade/A74H61YqwsbwRczuErbUyh9kqG1A7ZbiE1W5hWZmT9fm"
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proposal_date: 2024-12-19
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resolution_date: 2024-12-22
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category: "grants"
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summary: "Drift DAO approved 50,000 DRIFT allocation for AI Agents Grants program with decision committee to fund DeFi agent development"
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tracked_by: rio
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created: 2026-03-11
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---
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# Drift: Allocate 50,000 DRIFT to fund the Drift AI Agent request for grant
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## Summary
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Drift DAO passed a proposal to establish an AI Agents Grants program with 50,000 DRIFT in funding, creating a decision committee to evaluate and award grants for AI agent development in DeFi. The program targets trading agents, yield agents, information agents, and social agents building on Drift's infrastructure, with individual grants ranging from 10,000-20,000 DRIFT based on milestone completion.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
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- **Proposal Account:** A74H61YqwsbwRczuErbUyh9kqG1A7ZbiE1W5hWZmT9fm
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- **DAO Account:** 5vVCYQHPd8o3pGejYWzKZtnUSdLjXzDZcjZQxiFumXXx
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- **Autocrat Version:** 0.3
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- **Created:** 2024-12-19
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- **Completed:** 2024-12-22
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## Program Structure
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- **Total Allocation:** 50,000 DRIFT
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- **Grant Range:** 10,000-20,000 DRIFT per project
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- **Application Deadline:** March 1st, 2025
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- **Approval Deadline:** March 1st, 2025 (unused grants returned to foundation)
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- **Deployment Timeline:** Within 2 weeks of approval (KYC may be required)
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- **Decision Authority:** Decision committee with final discretion
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## Target Categories
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1. **Trading Agents:** Integrating with Drift Perps for position strategies
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2. **Yield Agents:** Managing capital through Drift yield opportunities
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3. **Information Agents:** Surfacing on-chain information about Drift
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4. **Social Agents:** Building community engagement and awareness
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## Agent Definition Criteria
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- Operates with autonomy to manage assets
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- Utilizes multiple strategies or tools
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- Exists off-chain but can interact on-chain
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- Can communicate with and execute objectives for an agent manager
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## Significance
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This represents Drift's strategic investment in the emerging AI x DeFi sector, using futarchy-governed treasury allocation to fund autonomous agent development. The program structure—with milestone-based disbursement and decision committee oversight—balances permissionless application with quality control. The 50,000 DRIFT allocation signals Drift's commitment to agent infrastructure as a growth vector for protocol adoption.
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## Relationship to KB
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- [[drift]] - parent entity, treasury allocation
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- [[futardio]] - governance platform
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- MetaDAO - futarchy implementation reference
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## Full Proposal Text
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### Drift AI Agents RFG
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### Abstract
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This proposal requests to create a Drift AI Agents Grants program, a Decision Committee and to allocate 50,000 DRIFT towards the program and committee's discretion.
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### Motivation
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AI agents have recently attracted significant attention, capital, and talent. While their intersection with DeFi is still nascent, Drift believes in the sector's potential and considers it an important area for investment.
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The Drift AI Agents Request for Grants (RFG) aims to:
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* Foster growth in the AI x DeFi sector.
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* Encourage teams to build on Drift.
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* Signal Drift's focus on developing this emerging space.
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### Specifications
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#### Qualifying Grants
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**What Is a DeFi Agent?**
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To differentiate a DeFi agent from a traditional bot or managed strategy, consider the following guidelines:
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* Should operate with autonomy to manage assets.
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* Should utilise multiple strategies or tools.
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* Should exist off-chain but can interact on-chain.
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* Should be able to communicate with, and execute objectives for, an agent manager.
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*Note: This is not a comprehensive definition. Drift welcomes all interpretations of what constitutes an "agent."*
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**Target Areas:**
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* **Trading Agents:** Integrating with Drift Perps to trade or execute position strategies on behalf of managers.
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* **Yield Agents:** Managing capital through multiple yield opportunities available on Drift.
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* **Information Agents:** Surfacing on-chain information or raising awareness about Drift.
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* **Social Agents:** Build a cult following around Drift, be a reply guy or KOL, etc.
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This list is not exhaustive. Any agent application relevant to Drift is encouraged.
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**Grant Amount**
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A total of up to 50,000 DRIFT is available in grants.
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* Grant amounts may range from 10,000–20,000 DRIFT, depending on the proposal.
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* Grants will be approved by the decision council and awarded upon milestone completion.
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#### Application Process
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1. **Proposal:**
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* Complete the application form: [Link](https://docs.google.com/forms/d/e/1FAIpQLSdmqXph2f6EGSkN_79oeaQLfxRkzUqXZl5dK4_S4UMqE_eIbw/viewform?usp=sf_link)
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* If applicable, a Drift Ecosystem team member will reach out to help formalize the proposal.
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2. **Review:**
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* The formalized proposal will be reviewed by the decision council.
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**Timeline**
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* Applications are open upon approval of the RFG.
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* Applications are open until March 1st, 2025.
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* Applications may be approved and grants awarded on a rolling basis.
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* Proposals will be reviewed and grantees notified by the decision council.
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* The deadline for approval is March 1st, Any unused grants will be returned to the foundation.
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* Deployment of grants will happen within 2 weeks of approval. Deployment may be dependent on KYC for regulatory compliance.
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**Decision Council**
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All grant decisions are at the discretion of the decision council and any such decisions made by the decision council are final.
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**Questions** For inquiries about the request for grants or the application process, contact **@airtightsquid** on Telegram.
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### Benefits / Risks
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#### Benefits
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- Additional users for DRIFT product suite
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- Additional product lines leveraging DRIFT product suite
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- Engaging community to drive utility of DRIFT within AI agents
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- Supporting nascent industry
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#### Risks
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- Emerging sector carries unknowns
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- Inefficient use of DRIFT
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- Teams time that could be used in other ways
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### Outcome
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From this proposal passing success would be the creation of the committee, publishing of the RFG, evaluating applicants and the awarding of up to 50k DRIFT tokens to eligible grantees.
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### Cost Summary
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This comes at a cost of 50k DRIFT tokens to the foundation.
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