Fluid LTIPP Application FINAL

DAO Programs & Initiatives Long Term Incentives Pilot Program
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Fluid Draft Application

SECTION 1: APPLICANT INFORMATION

Applicant Name: Jesse Chadwick
Project Name: Fluid

Project Description:

Fluid enhances cryptocurrency trading efficiency by developing DeFi tools and solutions. Our main product is the GMX trading tool on Telegram, which integrates the GMX decentralized trading platform with the Telegram network, aiming to streamline trading processes and boost community engagement. Operating on the Arbitrum One network, Fluid ensures scalability, lower gas fees, and faster transaction speeds.

Our products include:

A Telegram-based trading bot that integrates GMX V2, reaching over 700 million users.
SATA (Simplified AI Trading Assistant), currently in development.
An API as a Service product that allows DeFi platforms to integrate GMX DEX perpetual liquidity, enhancing efficiency and accessibility. This service increases APY for stakers with each project adoption.

Team Members and Roles:

Liquid Legend - Development - Co-founder

  • Backend developer specializing in smart contracts and Python, with over seven years in the crypto space and six years in blockchain development. Has effectively advised multiple projects, invested in various blockchain startups, and built an extensive network of industry experts.

Alpha Perpetua - Development - Co-founder

  • Experienced business manager with 8 years in the field, coupled with 7 years of expertise in crypto and blockchain development. Has a track record of providing valuable guidance to numerous projects, investing in blockchain startups, and establishing a wide-ranging network of industry experts.

Jay Hay - Business Development - Co-founder

  • Has a decade of experience in the cryptocurrency industry, with a track record of being an early-round investor at the venture firm level. Over the past six years, he has served as an advisor to multiple projects, specializing in business development and market growth. Bringing a wealth of knowledge and insights to the table.

Uosof Ahmadi - Marketing Manager - Core Contributor

  • Marketing expert with over 10 years experience that has worked with over 30 global brands as a self titled creator exceeding a billion views across all platforms. Held CMO/BD/Advisory positions for over 6 years in the crypto space working with dozens of startups and crypto unicorns.

Jesse - Marketing Manager - Core Contributor

  • Marketing Manager with a strong background in software lifecycle management, business analysis, and BPR. With 3 years of subject matter expertise and 6 years of experience in reengineering processes, he has successfully collaborated with global clients in sales, HR, and client delivery and advisory on multiple software projects.

Project Links:

Contact Information

  • Point of Contact: Jesse Chadwick
  • Point of Contact’s TG handle: @Kikengaijin
  • Twitter: @FluidToken
  • Email: support@fluid.trade
  • Do you acknowledge that your team will be subject to a KYC requirement?:
    • Yes

SECTION 2a: Product Information

As we present our plan for the distribution of the 300K Arbitrum grant over 12 weeks, we are excited to showcase how our initiatives will drive liquidity growth, increase Arbitrum ecosystem adoption, and boost volume growth on our platform. We are a company focused on building easy to use DeFi tools. With a primary focus on the Arbitrum ecosystem.

Current State of Our Product

Fluid is experiencing significant growth and development, with a focus on enhancing cryptocurrency trading efficiency. We have seamlessly integrated GMX on social networks like Telegram. This has created a significant increase in ease of flow for traders and opened up Arbitrum to a new set of users. Social media focused crypto users who have never used GMX or by extension Arbitrum.

We are currently developing an API as a Service product to facilitate the integration of GMX DEX perpetual liquidity into other platforms. Any project will easily be able to plug GMX’s perpetual trading liquidity on Arbitrum into their own product. To ease use of Arbitrum, we worked with the Layer 0 team to build our own easy-to-access bridge between Ethereum mainnet and Arbitrum network. We have also paved the wave for other tax based tokens to move liquidity over to Arbitrum. Our recent achievements include a successful acquisition program, substantial stake participation on Arbitrum network (39% staked on Arbitrum), completion of comprehensive security audits for our Arbitrum bridge and rapid growth in trade volume.

Acquisition programs:

  1. We have conducted 4 programs over 84 days. Our focus has primarily been on user growth and increased trading volume through our initial product, the Fluid GMX bot. To date, we have awarded a total of 47,259 ARB through these programs. Our main initiatives include reimbursing keeper fees and hosting revolving volume-based trading acquisition programs.
  2. As of February 29th, our most recent volume-based trading acquisition program achieved $68,731,257.71 in trade volume over 868 trades.
  3. New users have been joining daily, contributing to the increasing volume.
  4. We are set to soon release our next session.

Competition Updates:

We have refined our competition strategy to focus on volume instead of just Profit and Loss (PnL). In the past, we rewarded traders with the highest PnL percentage over a certain period, which had its limitations. For example, a trader making a huge profit on a single trade might stop trading to avoid risking their position.

To encourage more trading volume and reduce the impact of a single bad trade, we’ve updated our system to calculate points based on the formula:

PnL%Ă—Notional Volume=Points

This change has led to higher trading volumes, as reflected in our application data.

Referral Contest:

We are launching our first referral contest this week to bring new traders to the Arbitrum ecosystem through our GMX integration. Points are earned based on the volume of referrals, with users also earning points from their own trading volume. However, to prevent gaming the system, a user’s own volume isn’t multiplied by the referral multiplier.

To count as a referral, the new trader must have a minimum volume of $1,000. Here’s an example of how points are calculated:

A user has 10 referrals, each with at least $1,000 in volume, totaling 10 million in volume.

The user’s own volume is 1 million.

The formula for referral points is:
(Total referral volumeĂ—Number of users referred)/10,000
So, (10MĂ—10)/10,000=10,000 points
The user’s own volume points are:
1,000,000/10,000=100 points
Total points = 10,100

This section provides a clear update on the changes made to the competition structure and introduces the new referral contest, which should help to attract new users and increase trading volume on the platform.

Staking:

  1. Staking opened on February 22nd.
  2. Currently, 38.79% is in staking
  3. Many participants have chosen the full 90-day staking period, indicating strong confidence in our platform.

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D3ploy Security Audit:

  1. We completed a comprehensive Smart Contract Audit through D3ploy.
  2. Their expert blockchain engineers scrutinized our bridge, token, and staking contracts.
  3. The audit results were excellent, ensuring the safety and security of our product.
  4. Direct Link to Audit (pdf): https://assets-global.website-files.com/621a140a057f392845dfaef3/65ba0383dc8b7c89c9b2e1d5_SmartContract_Audit_Fluid_v1.1.pdf

Volume:

  1. Our trade volume is rapidly increasing, with currently nearly $1 million added per day.
  2. We have achieved over 110 million in total trade volume via Telegram to GMX V2 on Arbitrum, reflecting the growing popularity and trust in our platform.

Product Development:

  1. Fluid seamlessly integrates GMX on social networks like Telegram to enhance cryptocurrency trading efficiency.
  2. We are developing an API as a Service product to facilitate the integration of GMX DEX perpetual liquidity into other systems, increasing APY for stakers with each project adoption.

Audience Segments

We target three key audience segments:

  1. Experienced Traders: We aim to attract seasoned traders by offering advanced trading features, competitive fee structures, and high-performance trading tools. Our platform is designed to cater to the needs of traders looking for efficiency and reliability in their trading activities.
  2. New Traders: We provide an intuitive and user-friendly platform for individuals new to leverage trading. Our educational resources and support system are geared towards helping new traders navigate the world of DeFi and leverage trading with confidence.
  3. Bot Users: Recognizing the growing trend of automated trading in the crypto sphere, our platform offers robust API support and compatibility with popular trading platforms like Tradingview. This allows bot users to seamlessly integrate their strategies and capitalize on market opportunities.
  4. Social Media Users: We are actively engaging with social media users to introduce them to the world of DeFi. Our platform offers fast and easy solutions for users looking to explore decentralized finance and trading without the complexity typically associated with traditional platforms.

Impact of Incentives on Long-term Growth and Sustainability

User Growth:
We plan to allocate Arbitrum as stipulated in our grant information to enhance our existing referral program and work with affiliates to drive user growth. Our aim is to attract a diverse range of users, including experienced traders, new traders, bot users, and social media enthusiasts, to the ecosystem.

Volume Growth:
We will dedicate Arbitrum to stimulate trading activity through transaction fee rebates, bridging rebates and volume-based acquisition programs. Traders will benefit from reduced fees and have the opportunity to gain additional rewards through our ongoing trading incentive programs.

Sustainability:
By strategically allocating funds and focusing on incentivizing key behaviors, we aim to ensure the long-term growth and sustainability of Fluid. Our approach includes continuously assessing our performance and making necessary adjustments to retain existing users and attract new ones. This will contribute to a vibrant and dynamic ecosystem on the Arbitrum network.

Our strategic allocation of funds and focus on incentivizing key behaviors aim to ensure the long-term growth and sustainability for Fluid. By continuously assessing our performance and making necessary adjustments, we are confident in our ability to retain users and attract new ones, ultimately contributing to the vibrant ecosystem of the Arbitrum network.

What novelty or innovation does your product bring to Arbitrum?

Fluid introduces several innovations to the Arbitrum ecosystem:

  • Integration with GMX via Telegram: Fluid enables seamless trading on the decentralized exchange GMX directly through the widely-used messaging platform Telegram, providing users with a familiar and convenient trading experience.
  • Unique API Services: Fluid offers unique API services that allow projects/users from other blockchain networks to easily implement leveraged trading into their existing product and transition to Arbitrum. This innovation addresses the pain point of using Ethereum and other chains by providing a smoother onboarding process to Arbitrum.
  • Layer Zero Smart Contracts: Fluid’s smart contracts, utilizing Layer Zero technology, minimize wait times and enhance efficiency, paving the way for more projects(specifically tax tokens) to bridge to Arbitrum. Through use of Layer Zero we were able to create a fast and efficient bridge to Arbitrum. This innovation accelerates the growth of the ecosystem by reducing barriers to entry.

Is your project composable with other projects on Arbitrum? If so, please explain:

Yes, Fluid is composable with other projects on Arbitrum:

  • API Integration: Fluid’s API services facilitate seamless integration with various projects on Arbitrum, allowing for interoperability and synergy between different platforms.

Bridging Assets: Fluid’s functionality includes bridging assets between different projects and networks on Arbitrum, enabling fluid movement of assets and liquidity across the ecosystem. Fluid is also the first tax token to bridge from Ethereum to Arbitrum. Currently Fluid is developing a system to allow other tax tokens to make the move as well.

Do you have any comparable protocols within the Arbitrum ecosystem or other blockchains?

Currently there is one comparable product known as Perpie.

When comparing Perpie to Fluid, there are some key differences and similarities:

  • Functionality: Both Perpie and Fluid are Telegram-based bots that facilitate trading, but Fluid’s focus is to provide a user-friendly product with a broader range of trading options and tools.
  • Volume: Perpie has a total volume of just under 5 million, while Fluid has over 107 million in volume over a similar time period, indicating a higher level of user engagement and trading activity.
  • Market Presence: Despite Perpie’s smaller volume, its presence in the market demonstrates a demand for Telegram-based trading bots. Fluid’s larger volume and user base suggest a higher level of market adoption and trust.
  • While Perpie and Fluid both offer Telegram-based trading services, Fluid’s rapid growth, higher trading volume, and position in the market shows that it is a more established and comprehensive trading solution.

How do you measure and think about retention internally?

We are tracking based on the following:

  • Number of Users Trading on Platform
  • Daily/Weekly/Monthly Active Users
  • Daily/Weekly/Monthly Traded Volume
  • Increase in Traded Volume and # of traders after incentives kick off
  • Daily/Weekly/Monthly Total Trades Made
  • Average Trade Value ($)

Our goals for targeting retention will be based on these metrics:

  • Our strategy for targeting retention will entail monitoring key metrics without setting specific goals. Given the unique nature of our new product, we’ll maintain a flexible approach, allowing us to adapt based on the insights we gather from monitoring these metrics.
  • We will be monitoring Daily Active Users/ Weekly Active Users/ Monthly Active Users over the next quarter.
  • We will also be monitoring the increase in traded volume following the launch of our incentive programs.
  • We will do our best to maintain an average trade value to ensure user engagement and platform profitability.

Relevant usage metrics

Do you agree to remove team-controlled wallets from all milestone metrics AND exclude team-controlled wallets from any incentives included in your plan:

  • Yes

Did you utilize a grants consultant or other third party not named as a grantee to draft this proposal? If so, please disclose the details of that arrangement here, including conflicts of interest (Note: this does NOT disqualify an applicant):

  • No

SECTION 2b: PROTOCOL DETAILS

Is the protocol native to Arbitrum?:

  • No, the token is not native to Arbitrum. The token was originally launched on the Ethereum blockchain and later migrated to the Arbitrum network to take advantage of its scalability, lower gas fees, and faster transaction speeds. While the token now operates on Arbitrum and Ethereum simultaneously, the products themselves have always been Arbitrum first. Due to the low cost of Arbitrum and industry leading liquidity provided by GMX, we have focused our product development on Arbitrum. We plan to implement future DeFi products via Arbitrum’s robust ecosystem pool of projects.

On what other networks is the protocol deployed?:

  • Ethereum and Arbitrum

What date did you deploy on Arbitrum mainnet?:

  • Our first product Fluid GMX Bot was deployed on Arbitrum Mainnet November 15th, 2023.
  • Fluid token began the move to the Arbitrum with the announcement on Twitter on December 27th. https://twitter.com/FluidToken/status/1739723279542165761
  • The initial schedule for the token deployment was set for February 1st, following an extended period of testing on the Testnet to ensure the highest standards of user security. https://twitter.com/FluidToken/status/1748759478973993033
  • Unfortunately, on February 1st, the team encountered complications with the existing CamelotV2 router contracts. These issues required revisions to some code within the Fluid token and staking contracts. As a result, the deployment was delayed to ensure that these modifications were thoroughly reviewed and re-audited. This attention to detail and commitment to security is now a key feature of Fluid’s API as a Service product. https://twitter.com/FluidToken/status/1753126742070382734
  • The final token deployment on the Arbitrum mainnet was successfully completed on February 20th, marking a significant milestone in Fluid’s development and new home on Arbitrum.
    Arbitrum Transaction Hash (Txhash) Details | Arbiscan

Do you have a native token?:

Past Incentivization: What liquidity mining/incentive programs, if any, have you previously run?

  • Via our Grant from GMX of 100k ARB we’ve run an extensive set of KPI focused initiatives. Upon Arbitrum mainnet launch on November 15th 2023, we set 3 initial volume goals for the subsequent following 3 months.
    • Our first month our goal was $3 mil in notional volume.
    • Our second month goal was to double to $6 mil in volume
    • Our 3 month goal was to double yet again to $12 mil in volume.
  • During the initial grant period from November 15th to February 16th, we not only met but far exceeded the KPIs set forth in our GMX grant proposal. We achieved over $50 million in notional volume, surpassing our expectations.
  • Building on this success, Fluid has continued to excel during the subsequent grant period with GMX, exceeding the KPIs suggested by the GMX council by 800% over three months. Our target was $12 million in trade volume, but we impressively reached $100 million. This achievement positions us as the most successful grant recipient in terms of volume produced, outperforming our closest competitor, Rage, by 29% ($100 million vs. $77 million).

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Acquisition Programs

  • Program #1
    • Total Trades: 612
    • Total Volume: $4,121,298.83
  • Program #2
    • Total Trades: 1150
    • Total Volume: $5,549,273.60$
  • Program #3
    • Total Trades: 1056
    • Total Volume: $17,740,034.37
  • Program #4
    • Total Trades: 868
    • Total Volume: $68,731,257.71

Every two weeks we submitted a bi-weekly update with GMX by the required date

Current Incentivization: How are you currently incentivizing your protocol?

  • We have conducted 4 Acquisition Programs over 84 days.
  • Our focus has primarily been on user growth and increased trading volume through our initial product, the Fluid GMX bot. To date, we have awarded a total of 47,259 ARB through these programs. Our main initiatives include reimbursing keeper fees and hosting revolving volume-based trading tournaments.
  • As of February 25th, our most recent volume-based trading tournament achieved $68,731,257.71 in trade volume through 868 trades.
  • New users have been joining daily, contributing to the increasing volume.
  • We are set to soon release our next session.

Have you received a grant from the DAO, Foundation, or any Arbitrum ecosystem related program?

Protocol Performance:

At the time of this Draft Application posting:
Volume: $110,781,884
Trades: 5,080

Protocol Roadmap:

  • Over the next 12 months Fluid plans to expand its products across multiple social platforms, implement additional sources of liquidity, add AI, implement an easy to use system for tokens to bridge their tax token over to Arbitrum and develop an automated market market for those projects.

Audit History & Security Vendors:

SECTION 3: GRANT INFORMATION

By structuring our plan in the following manner we expect a strong foundation to develop, to build momentum, and effectively distribute grant funds to achieve our goals on the Arbitrum network.

With this, we are requesting 300k in Arbitrum to accomplish the following goals over a total of 12 weeks

Phase 1: Weeks 1-4

Volume Growth:

  • Dedicate 40k in Arbitrum for fee rebates on high-volume trades. This will be carried out by refunding a percentage of fees from user’s transactions on Arbitrum when accessing GMX V2 contracts. The rebate will cover 100% of Fluid’s fees and 75% of GMX fees on a first-come, first-served basis. Any leftover ARB in a biweekly period will roll over to the next period, ensuring a buffer. Unused funds at the end of the program will be returned.
  • Implement a trading competition with 30k in Arbitrum rewards to drive trading activity. The competition will be broken into 2 bi-monthly volume-based programs with specific rules to be defined.

Retention of New Users:

  • Integrate the affiliate programs to encourage user referrals, allocating 10k in Arbitrum for rewards. This will include refunding bridging fees from Eth mainnet to Arbitrum via our Official Fluid bridge.

Phase 2: Weeks 5-8

Volume Growth:

  • Dedicate 50k in Arbitrum for fee rebates on high-volume trades. The rebate mechanism will be the same as in Phase 1.
  • Implement a trading competition with 40k in Arbitrum rewards to drive trading activity. The competition will be broken into 2 bi-monthly volume-based programs with specific rules.

Retention of New Users:

  • Continue the affiliate programs, allocating 10k in Arbitrum for rewards and including refund of bridging fees as in Phase 1.

Phase 3: Weeks 9-12

Volume Growth:

  • Dedicate 60k in Arbitrum for fee rebates on high-volume trades, following the same rebate mechanism as before.
  • Implement a trading competition with 40k in Arbitrum rewards to drive trading activity, broken into 2 bi-monthly volume-based programs with defined rules.

Retention of New Users:

  • Integrate the affiliate programs to encourage user referrals, allocating 20k in Arbitrum for rewards as well as including refund of bridging fees from Eth mainnet to Arbitrum via our Official Fluid bridge.

Monitoring and Adjustment:

  • Regularly monitor the impact of incentives on volume and user retention. Adjust the allocation of funds and incentives based on performance and market conditions to ensure optimal results.

Fluid Arbitrum Multisig Address: (requires 2 of 3):
0x066cDcD413EDBB2a7bbE72f3d7886D3544eF55A6

Multisender contract for Fluid incentive distribution:
0xD185eCD0C8DC8F7340a4e7Ab93c0066513DE1F98

Treasury Address: 0x0879FFBe4feE936F3B4cAe286990b14e54929B10

SECTION 4: GRANT OBJECTIVES, EXECUTION AND MILESTONES

Objectives:

  1. Fluid’s objectives for the Arbitrum grant application are centered around two key areas: volume growth and new user acquisition. Over a 12-week period, the plan involves allocating a total of 300k in Arbitrum to incentivize users, offer fee rebates, host trading acquisition programs, and boost referral program rewards. Regular monitoring and adjustment of incentives will ensure optimal results for increasing trading volume, the number of traders, and retaining new users on the platform.

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What mechanisms within the incentive design will you implement to incentivize “stickiness” whether it be users, liquidity or some other targeted metric?

During the incentive phase users are able to set up their wallet for free and any rewards they receive will be directly funded to those wallets.Users are able to trade directly from within Telegram with these wallets. This will incentivise users to continue to use these wallets to trade on Arbitrum by giving them easy access.

To ensure long-term engagement and commitment from users beyond just incentives, we will implement several mechanisms in our incentive design:

  1. Quality Over Quantity: Instead of focusing solely on the number of users, we will prioritize attracting users who are genuinely interested in the platform’s utility and long-term potential. This approach ensures that we build a community of users who see value in our platform beyond just incentives. We want to focus our efforts on bringing in long term users and to build a solid brand.
  2. Value Proposition: We will continuously enhance our platform’s value by offering unique features, tools, and services that cater to the specific needs and preferences of our target audience. This will make our bot more attractive to users looking for sustainable value rather than just short-term profits.
  3. Education and Engagement: We plan to focus on continuing to create educational resources and engagement initiatives to help users understand the benefits of our platform and how they can maximize its utility. By empowering users with knowledge, we can increase their engagement and likelihood of staying with Fluid.
  4. Community Building: Building a strong and vibrant community around our platform is crucial for long-term success. We will continue to create a sense of belonging and ownership among users by encouraging community participation, feedback, and collaboration.

Specify the KPIs that will be used to measure success in achieving the grant objectives and designate a source of truth for governance to use to verify accuracy.

The following KPIs will be tracked on our Dune Dashboard: <Fluid Dune Dashboard>

  1. Milestones Met: This will include reaching our milestone levels of trading volume.
  2. Number of Users Trading on the Platform: Tracking the number of unique users actively trading on the platform provides a clear indication of user engagement and platform adoption.
  3. Daily/Monthly Active Users (DAU/MAU): Monitoring the number of daily and monthly active users can help gauge user retention and overall platform usage.
  4. Daily/Monthly Trading Volume: Tracking the trading volume over time can indicate the platform’s liquidity and its attractiveness to traders.
  5. Increase in Trading Volume After Incentives Kick Off: This KPI specifically measures the impact of incentives on trading activity, which is a key objective of the grant.
  6. Number of Trades Made Daily/Monthly: Monitoring the frequency of trades can provide insights into user behavior and platform activity.
  7. Average Trade Value: This metric can help understand the average size of trades on the platform.
  8. Community Metrics (Brand Awareness, Social Metrics, etc.): Monitoring metrics such as brand mentions, social media engagement, and community growth can indicate the platform’s visibility and appeal.

Grant Timeline and Milestones:

Achieve a total trading volume of 250M over the 12 weeks, with specific additional volume targets:

  1. Increase trading volume by an additional 100M.
  2. Increase trading volume by an additional 150M.
  3. Increase trading volume by an additional 175M (or rounded to 200M to simplify).

These targets represent key milestones in our efforts to drive trading activity and increase liquidity on the Arbitrum network.

There are several ways in which we can contribute to the Arbitrum Ecosystem through use of the grant.

  1. Improving User Experience: The grant will allow us to advance our platform’s features and usability, offering users a seamless and secure trading experience. Enhancements in transaction speed, security, and user interface will encourage more traders to migrate to and stay within the Arbitrum ecosystem.
  2. Boosting Arbitrum Adoption: Through collaborations, affiliate programs, sign up, and trading incentives, we aim to drive implementation and highlight the unique advantages of trading on Arbitrum through Fluid.
  3. Community Engagement: We intend to dedicate a portion of the grant towards fostering a vibrant community through interactive acquisition programs, reward programs, and direct feedback channels. Engaging with our users in this way ensures that our platform evolves in alignment with their needs and contributes to a thriving ecosystem.

Note: A detailed description of how the grant will be distributed can be found in Section 3: Grant Information.

Do you accept the funding of your grant streamed linearly for the duration of your grant proposal, and that the multisig holds the power to halt your stream?

  1. Yes

SECTION 5: Data and Reporting

Is your team prepared to comply with OBL’s data requirements for the entire life of the program and three months following and then handoff to the Arbitrum DAO? Are there any special requests/considerations that should be considered?

  • Yes.
  • No. There are no special requests.

Does your team agree to provide bi-weekly program updates on the Arbitrum Forum thread that reference your OBL dashboard?

  • Yes. Our team is fully committed to providing bi-weekly program updates on the Arbitrum Forum thread, ensuring transparency and accountability throughout the duration of our program. Here’s our strategy and capabilities for data/reporting:
    • Data Collection: We will implement a data collection tool to track key metrics related to our bot though a dashboard, including trading volumes, liquidity levels, user engagement, and any other relevant data points.
    • Analytics Dashboard: We will utilize an OBL dashboard to analyze and visualize the collected data. This dashboard will provide real-time insights. allowing us to monitor progress and identify areas for improvement.
    • Reporting Framework: We will follow the required framework for reporting including achievements, issues we encounter and roadmap checklist and changes.
    • Communication Plan: We have designated a team member responsible for drafting and posting the bi-weekly updates on the Arbitrum Forum thread.
    • Feedback: In addition to providing updates, we will actively engage with the Arbitrum community by responding to questions and feedback on the forum thread.

Does your team agree to provide a final closeout report not later than two weeks from the ending date of your program? This report should include summaries of work completed, final cost structure, whether any funds were returned, and any lessons the grantee feels came out of this grant. Where applicable, be sure to include final estimates of acquisition costs of any users, developers, or assets onboarded to Arbitrum chains. (NOTE: No future grants from this program can be given until a closeout report is provided.)

  • Yes

Does your team acknowledge that failure to comply with any of the above requests can result in the halting of the program’s funding stream?:

  • Yes
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2

Hello @Owlgorithm

Thank you for your application! We can confirm your application has been submitted and you will be assigned an advisor shortly.

3

Hello @Owlgorithm ,

Thank you for your application! Your advisor will be @JoJo.

Please join the LTIPP discord and ping your advisor in the general chat so they can create a new channel and start communicating with you.

4

@cliffton.eth @raam

I have tried to edit the title of the application to Final but I am unable to change it.

5

Hey there I’ve amended the title post to reflect that this proposal is FINAL. All the best!

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