Hey, @CastleCapital, thanks for your feedback on our proposal.
We think the best use of the STIP is to avoid entanglements with DEXs and other Liquidity Managers to give us precise data about each protocol’s results.
Under the terms of the STIP here:
The goals of the framework [is] to:
- Support Network Growth: Accelerate the distribution of incentives to Arbitrum dApps to drive network and ecosystem growth.
- Experiment with Incentive Grants: Experiment with grant distribution to uncover new incentive strategies that increase user engagement and volume, transactions, and liquidity in the Arbitrum ecosystem.
- Find new models for grants and developer support that generate maximum activity on the Arbitrum network.
- Create Incentive Data: Generate data on the efficacy of distributed grants to inform future incentive programs and incentive design.
The liquidity managers all have different AMMs they support. We have invested significant time and money to deploy on Arbitrum. We do not feel it’s appropriate or fair to combine our grant proposal with those who have made little to no investment in the Arbitrum network. I think your suggestion of combining the grants would be more appropriate for a longer-term incentive program, spread over a variety of qualified DEXs.
Thanks!