I think the funds should be used for development of the blockchain and community projects that are opensource. So, if the need arises or the main dev(s) of the project leave, community devs can take over and continue the projects.
While most funded projects are taking a reasonable amount of funds, very few are very expensive to the community IMO.
Understood. I see a common theme among many, opensource is something most prefer.
However, based on cost of living, developer from different countries likely have different requirements.
So a competitive bidding approach at least on a limited basis may be helpful.