Thank you, @JoJo, for this great proposal; I just voted ‘For renew with 5 domains adding Orbit.’ The results of S1 and S2 are quite positive, and I’m glad to learn that a protocol like Mountain was bootstrapped by an Arbitrum grant.
I do think Arbitrum should continue to invest to attract builders and build a strong ecosystem, especially now, as the competition with other L2s is fierce. The budget matches industry standards, and I am in favor of vested bonuses that align with long-term incentives.