Hi @Scotty,
Thank you for taking the time to review our proposal. Let me address your comments.
1.) Referring to the Official Incentive program here, The recommended metrics for the Lighthouse Grants (Up to 2M ARB) are as follow
- Recommendations:
- Live on Arbitrum for at least 6 months.
- Meets one of the following criteria:
- .> $15M Arbitrum Network TVL.
- .> $100M 30D cumulative Volume.
Our stats over the past 30Days have been
- ~$1.6 Bn cumulative volume
- Current TVL $27Mn+ (Our TVL 30 days ago was also around $18Mn+ which is higher than the recommended $15 Mn)
Given we exceed both the recommended metrics by a significant margin, we feel our level of activities is appropriate for this grant tier.
2.) Even then, referring to section 2, and 3 of our proposal, we have designed our asks to be performance driven. Specifically, we would only give out the full 1.95Mn ARB if we are able to achieve 2x growth from the current baseline.
In the worst case where we are not able to achieve any growth, there will be ZERO ARB given out. (Refer to the table below)