[ApeSwap] [DRAFT] [STIP - Round 1]

Appreciate you reading through our proposal, definitely looks like we should have been a lot more clear with the wording here: The raised LPs would all go back to the DAO, we would only keep the 5% fee for running the bond sale.

And in terms of the use of the fee, definitely wouldn’t be to fill our pockets. At this point, ApeSwap has about 20 full-time contributors and is fully reliant on bond volume to support our efforts and operations. While this fee helps, it won’t cover most of our costs but that’s not what this is about for us. The main purpose of this proposal is to provide a service to the Arbitrum DAO by helping build a stronger liquidity base, while giving us a chance to work with a large, credible partner in order to more thoroughly engrain ourselves in the Arbitrum ecosystem.

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