# Proposal: Grant Request for Koryntia - Pioneering the Next Generation of DeFi Lending **URL:** \ **Category:** Archived Proposals\ **Tags:** proposal\ **Created:** [June 3, 2024, 8:02am UTC](https://forum.arbitrum.foundation/t/proposal-grant-request-for-koryntia-pioneering-the-next-generation-of-defi-lending/24693 "2024-06-03T08:02:16Z")\ **Posts on this page:** 1\ **Showing post:** 8
**Author:** ![Cole\_404](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/cole_404/32/8004_2.png) [@Cole\_404](https://forum.arbitrum.foundation/u/Cole_404)\ **Post date:** [June 3, 2024, 8:44pm UTC](https://forum.arbitrum.foundation/t/proposal-grant-request-for-koryntia-pioneering-the-next-generation-of-defi-lending/24693/8 "2024-06-03T20:44:54Z")
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](https://forum.arbitrum.foundation/t/non-constitutional-subsidy-fund-for-security-services/22958) 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 --- _[View the full topic](https://forum.arbitrum.foundation/t/proposal-grant-request-for-koryntia-pioneering-the-next-generation-of-defi-lending/24693)._