The current iteration of the LTIPP is a 12 week trial run to gather data for a longer LTIPP framework. Anyone who got STIP funds cannot participate in the LTIPP. I understand the reasoning behind it, but lets call a spade a spade — we’ve created a scenario where the 'Long-Term" Incentive Program is in actuality functioning as a 3rd round of the STIP. Which I’ll emphasize is totally fine as the Arbitrum grants space takes its shape, but I think that context should be clear for my next point:
I think a better solution is just to take what has been learned through STIP rounds 1 & 2, as well as this LTIPP trail run, and have a true LTIPP that is open to all projects regardless of prior inclusion in either of those three funding runs. If we start planning for that now we have a good 3 month window to hit the ground running come July for a seamless transition into a true, all inclusive Long-Term grant program.