I personally don’t see any sense on a protocol like Beefy to get any grants.
Beefy is by definition a product that extracts value from other protocols to give to their own stakers. It’s quite literally a dumping machine at scale. Let’s not even mention that it’s currently present in 17+ chains so alignment with Arbitrum is very low. Let’s also not mention that Beefy already received a fat ARB airdrop which they dumped for their treasury.
Nothing inherently wrong with this though! Im an avid user for years, and it’s a public service for optimizing your yields, with the tax paid to their stakers. Fair business model that works perfectly for what it does.
That said, there’s literally 0 arguments to be made of why a protocol with this mechanism would be positive for the ecosystem. Same goes for any protocol that builds on top of others, including ALMs and farm optimizers (Tarot, DefiEdge, Gamma, Arrakis… list goes on).
There’s also the problem of “double-dip” grants on top of AMMs. You would be already extracting money from granted projects even if you get no grants whatsoever. Beefy TVL will surely increase thanks to the grants even if you get none.
This is a clear no for me – as someone who loves Beefy for what it does, this is clearly doesn’t add value to Arbitrum ecosystem.