This proposal is focused on growing FRAX liquidty on Arbitrum.
Whilst that is an understandable goal, please can you highlight why this is so important for the ecosystem and its community?
Most importantly, just increasing liquidity or TVL is relatively insignificant. The main thing that adds real value is the use of the tokens within other protoocols, and how this furthers ecosystem use-case and gives users more options. This is what drives more users and projects to Arbitrum. Unfortunately, this proposal does not focus on the latter and therefore appears to be solely focused on increasing value for FRAX, rather than Arbiturm.
Please could you detail your current focus across different chains? This should include your incentives, resources deployed etc. If you are seeking millions of $ARB, it is only natural that we expect your focus to be on Arbitrum for the foreseeable future.
It is clear that using a large amount of incentives will generate more liquidity for FRAX, but I am not convinced this directly contributes to Arbitrum by bringing in new users, furthering development in the ecosystem, and providing new utility to users.