Following the ARDC recommendation, we believe that this proposed addendum requires further review by the DAO. Therefore, we challenge its optimistic approval so that the delegates can form an opinion on the merit of renewing the incentives received during the STIP.
We are publishing the review conducted by Blockworks for greater visibility and advice to the applicant to provide an explanation for the concerns raised.
“Addendum extremely barebone and doesn’t discuss events that have taken place during the original STIP in a detailed way (hack, incentive allocation). Reporting during the original STIP was very bad and the impact of incentives is unclear. Funding address still seems to hold ~260K ARB”