I voted FOR to this proposal. In general I do not support increasing initial budget since it was voted that way for a reason, but the rationale from Entropy makes sense and gives the chance to for additional high quality applications.
Voted For: I agree with increasing the budget to fund additional projects. The Stylus Sprint program is an important piece of our ecosystem. We can see a real show of strength by having so many projects apply to this program (147). It makes sense to support as many as we can because this will allow us to grow the developer base for future development on Arbitrum and our Orbit chains.
gm, voted FOR in line with my previous statement. I understand that increasing the budget isn’t ideal, but this sprint is meant to showcase Stylus’ utility—a key advantage that sets Arbitrum apart from other L2s. I’m fully onboard to leverage it and push for it.
I will be voting FOR in Tally. As I said earlier, funding Stylus’ projects means investing in the future of the ecosystem.
I believe the strong response to the program with 147 applications demonstrates strong demand to build with Stylus and selecting only 17 programs could not be achieved without a disciplined approach by the Committee.
I also think that waiting for a complete assessment of the first round could delay ecosystem development and it is not considering the fast-paced environment in the L2 landscape.
With this proposal passing last week, the additional 4m ARB has been sent to the existing Stylus Sprint MSS controlled multisig and the 9 recommended applicants joined the Stylus Sprint. These teams are now in the process of completing the necessary KYC/KYB and will soon being work on their deliverables.
Additionally, our team has posted the first program update on behalf of the Stylus Sprint committee. With most teams working through the compliance process in February, only a few teams have submitted their first milestone reports. We expect a more substantial update by the end of April.
My stance has not changed, I voted FOR on Snapshot and voted FOR on Tally. As others have noted, Stylus is unique to Arbitrum and offers several advantages compared to other Ethereum L2s. Looking forward to Entropy sharing updates on the first milestone reports.