I believe Nico and the Velocity team have done indispensable work in the transition to Hub and are strategically important to the network.

It's a very substantial ask. I can see that the curation has been diverse, and beneficial with DeFi integrations and tooling, but I choose to abstain at this time, to further investigate the operations.

The work this team has done has undoubtedly been of a high standard.
I am a little concerned about the high cost they are requesting, even though I understand that they have been working on multiple things to achieve Polkadot's success. I would like to have greater clarity about all the expenses they have already incurred and how they expect to spend all the funds they are now requesting.

I do like what Velocity Labs are doing, and DeFi is a most. Nevertheless I feel the ask is too much. From the 30 funded project I would like to know how many of those still in place? and their Value to the ecosystem.

I'd like to see a detailed analysis about ROI before aye. I see the previous fund through the bounty is CEX integration which doesn't make much sense to me. And I think the request amount is too big.