Drift Foundation: Plans to allocate $9 million in operating funds to Drift Labs through DIP-9 proposal.

Odaily reports that the Drift Foundation has released the DIP-9 proposal in its governance forum. This proposal aims to establish a sustainable cost-sharing framework to fund the continued development and growth of protocols.

According to the proposal, DIP-9 intends to allocate $1.5 million per month from its existing agreement fees to Drift Labs to support its operating expenses, including engineering infrastructure, subscriptions, and gas fees. If the proposal is approved, $9 million will be paid upfront to cover operating costs for the first half of 2026. Subsequent allocations will be made monthly over 18 months.

Currently, the Drift protocol ecosystem is performing robustly, with cumulative transaction fee revenue reaching $42 million. Voting on the proposal will begin on December 24, 2025, with an initial implementation period of two years.