Proposal to Backfund Successful STIP Proposals (Savvy DAO) [FINAL]

as I have mentioned my concerned on 0xRamen’s proposal

While I see the potential benefits of extending the grant for projects that missed out—undoubtedly, this would foster the growth of their ecosystems and attract a wider audience to Arbitrum—it’s crucial to analyze the potential downsides. Extending the grant implies an additional 20M+ ARB entering the market. Based on my rough calculations regarding the emission rate per day, this could provide ample opportunity for ARB farmers to dump their holdings, which might exert significant downward pressure on the market.Balancing the need for ecosystem growth with market stability is essential.

These are the things that I am concerned about.

Please feel free to give an opinion about this!

7 Likes