These comments and thoughts reflect my personal assessment, and do not necessarily represent the opinions of any protocol or entity that I might be part of, partner with or contribute in any form. Remember, I’m just a cow.
I am voting For on this proposal.
I am intrigued by the shared mechanism of two protocols, and I personally love incentive mechanism aimed to acquire/retain users in other chains. The quest for kwenta users in other chains is good (and i suggest the team to put a cutoff to wallets right before this mechanism was published). For the fee rebate, would suggest, if it was not done yet, to align to other perp protocol to have a 75% rebate and not an 80%. Seems like there is a general consensus on this number for this asset class; the leftover 5% of the 36% (so, 1.8% of the total or 34200 arb) can likely be allocated to quests or LP, or potentially be used as wildcard for other initiatives still allocated to users.
There is overall a net benefit for Kwenta to be here, and the fact that the proposal is outside the framework of stip, ltipp and others should not stop us from moving forward good initiatives, in the same way it happened with curve a couple of weeks ago.