[Arrakis Finance] [FINAL] [STIP - Round 1]

[Matt_StableLab]

Hello @Squirrel thank you for submitting. Could you please make the following changes to your proposal to comply with the program rules?

1. You mention “5% (42.3k) will be taken as a payment to Arrakis Finance.” This is not permitted as the grant is to only be used for incentives as stated in the following stipulation.

@tnorm

Can I use grant funding for operational costs?

Funds are to be kept in ARB and used to incentive Arbitrum contracts. This funding is not meant support development or operational costs.

2. Since the 7 LST Vaults you mentioned that will receive incentives are not yet deployed you will be required to share these addresses in your bi-weekly updates once they are deployed as per the following.

@tnorm

Grantees must disclose the contracts being incentivized and denote any external contracts being incentivized as part of the program.

3. Please note that the Funding Tranches piece of the incentives framework has been replaced by funds being streamed biweekly.

@tnorm

Streaming of funds to grantees every second week for the grants duration using Hedgey.

4. Under the “Protocol Performance” section please only include data such as TVL from Arbitrum not all chains.