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

According to Odaily, Drift Foundation has published the DIP-9 proposal on its governance forum. This proposal aims to establish a sustainable fee allocation framework to fund the ongoing development and growth of the protocol.

According to the proposal, DIP-9 plans to allocate $1.5 million per month from the protocol fees already collected to Drift Labs, to support its operational expenses, including engineering infrastructure, subscriptions, and gas fees. If the proposal passes, an initial payment of $9 million will be made in advance to cover operational costs for the first half of 2026. Subsequent allocations will be made monthly over a period of 18 months.

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