Double-Down on STIP Successes (STIP-Bridge)

Vertex would support this proposal, but we agree with @tnorm and @Bobbay’s comments that these programs can only succeed with true measures of success, without which the DAO can easily burn through millions of dollars without seeing the impact it desires. At the same time, @tnorm is also correct that it would be unfair to protocols to retroactively judge them on conditions that are set now. Therefore, we would support the current ask of 37.5M ARB but would also caution that, barring across the board success, this style of distribution may not be sustainable.

However, we also believe that there are tangible measures that can be used to better understand the incentive programs the DAO is running, and most effectively distribute funds going forward. OpenBlock’s work is a start on these measures. We believe that unique users, volume, and sequencer revenue especially reflect measurements that support long term growth on Arbitrum and would welcome more discussion on what other measures could be included here.