Proposal: Grant Request for Koryntia - Pioneering the Next Generation of DeFi Lending

Appreciate the proposal @gregoriopunzano

It is good to hear you have selected Arbitrum as the home for Koryntia.

I will be honest though, the amount that you are requesting from the DAO is way too large. A grant of this size would be in line with what the strongest, most well-known DeFi protocols in Arbitrum are receiving.

I would recommend the following:

  1. Utilize smaller grant programs such as Questbook to supplement the development cost and look into the security subsidy fund
  2. Gain some initial traction, grow your core community and partner with existing Arbitrum-based protocols.
  3. Apply to the DAO’s longer-term growth program or come back to the DAO with a more tailored ask
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