Thanks so much for the comments and supports. We have adjusted the incentive ratio of different pools and incentive distribution period by the end of Jan 2023.
Together and competing with Magpie, the Equilibria team has done great work to build up the first Pendle yield booster, and has successfully attracted a decent TVL, it would be good to help them build more in Arbitrum.
Equilibria’s been innovating a new space with it’s product and It will be a whole chain reaction that boosts liquidity for a bunch of projects on arbitrum.
Equilibria deserves this grant.
Hello @syou_eqb,
Now that your application has been marked eligible, please be advised of the remaining steps in the application process to be completed prior to the Review Period Deadline:
Please complete the following steps required for your application to proceed to Snapshot:
To change your proposal to final, please tag an Arbitrum Foundation Forum Moderator (@ stonecoldpat @ cliffton.eth @ eli_defi) by the Review Period deadline to notify them of your proposal’s readiness to proceed from [Draft] to [Final] status.
Once notified, the Arbitrum Foundation Forum Moderator will adjust your title from [Draft] to [Final] status. Once marked as [FInal], your application post will be locked by moderators and you will no longer be able to edit your proposal.
Hello @stonecoldpat @cliffton.eth @eli_defi we’ve incorporated all the feedback and finalized the proposal. We are ready to proceed to [FINAL]. Thank you!
Post has been marked FINAL and locked.
We support this proposal as it offers a comprehensive strategy for bolstering the Arbitrum LSD ecosystem. Equilibria’s commitment to attracting LSD assets, enhancing liquidity, and broadening user adoption could serve as a catalyst for significant growth within Arbitrum’s DeFi landscape.
Overall, the proposal’s focus on growth, innovation, and partnership promises to usher in a new, promising era for the blockchain community.
BR
IZUMI TEAM
Michigan Blockchain supports this proposal with the requested amount being justified given the sustainable benefits to the Arbitrum ecosystem and having conducted an in-depth reviewal process of all submitted STIP proposals. We appreciate Equilibria’s effort in delivering a promising proposal and working with the community throughout the process.
We thank you for the transparency in the proposal. As seen in the estimated distributions, this incentive will be primarily used to attract PENDLE and ETH investors. We believe that increasing the allocation for ARB investors will not only attract more users to Equilibria but also contribute to the Arbitrum ecosystem. With all this detail and transparent preparation, we support this proposal.
As ITU Blockchain, we vote ‘For’ on this proposal.