Proposal: MUX STIP Bridge Challenge
Vote: Reject funding
Rationale: Despite previous funding, the incentives did not lead to sustainable, long-term activity as indicated by the metrics. Therefore, additional funding is not justified.
Proposal: Stargate STIP Bridge Challenge
Vote: Approve funding
Rationale: Funding this proposal will benefit users who wish to bridge to Arbitrum, thus we support this initiative.
Proposal: Solv STIP Bridge Challenge
Vote: Approve funding
Rationale: The previous round statistics have shown continuous growth; continued funding will likely sustain this progress
Proposal: Sanko GameCorp STIP Bridge Challenge
Vote: Approve funding
Rationale: TVL and daily user growth have been continuous, so we decide to support further funding
Proposal: Tide STIP Bridge Challenge
Vote: Reject funding
Rationale: The data does not clearly demonstrate significant engagement for the previous round, so we decided to reject funding.
Proposal: KyberSwap STIP Bridge Challenge
Vote: Abstain
Rationale: Due to a recent security breach and the lack of performance indicators, further funding is not prudent at this time.
Proposal: Gains Network STIP Addendum
Vote: Reject funding
Rationale: The metrics seem to indicate the the incentives isn’t creating sustainable, long-term activity for it. Hence, we decided to reject funding.
Proposal: Boost (Prev. RabbitHole) STIP Addendum
Vote: Reject funding
Rationale: The metrics do not show sustainable long-term activity, making further funding unproductive.
Proposal: Thales Protocol STIP Addendum
Vote: Approve funding
Rationale: Metrics seem to indicate growth past the STIPP timeframe
Proposal: Savvy DAO STIP Addendum
Vote: Reject funding
Rationale: The number of requests is too much compared to TVL.
Proposal: Stake DAO STIP Addendum
Vote: Approve funding
Rationale: the metric provided a positive outcome for the number of request, we decided to vote approve funding
Proposal: Furucombo STIP Addendum
Vote: Reject funding
Rationale: Concerns about wash trading are significant, and additional funding is not justified until these issues are resolved.
Proposal: Socket Bridge STIP Addendum
Vote: Reject funding
Rationale: lack of reporting and funds still available from original STIPP
Proposal: Angle DAO STIP Addendum
Vote: Reject funding
Rationale: Insufficient growth metrics to predict the cost
Proposal: OpenOcean STIP Addendum
Vote: Reject funding
Rationale: There is not much post-STIPP activity, indicating that further funding is unlikely to achieve long-term engagement.
Proposal: Thetanuts Finance STIP Addendum
Vote: Approve funding
Rationale: The statistics make sense for the number of requests, and metrics show that it continuously grew during the STIP.
Proposal: Dolomite STIP Addendum
Vote: Approve funding
Rationale: they have a strong performance in the first round of STIP. so we decided to support
Proposal: Umami Finance STIP Addendum
Vote: Approve funding
Rationale: after clarification from Neotokyocat, we decided to vote support them, as the incentivization method has proven effective, and the proposal has demonstrated success