[Rysk] [FINAL] [STIP - Round 1]

Hi @stonecoldpat @cliffton.eth @eli_defi . The proposal is ready to go to [FINAL] status.

Thank you!

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Post has been marked FINAL and locked.

Would like to second that Rysk’s team has been collaboration-oriented and professional in their dealings with other Arbitrum protocols. I would love to see how they put this grant to use to further optimize their approach to options.

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Our team would support this proposal. Creating a decentralized options market that can outperform centralized exchanges in volume is an ambitious and impactful goal.

We are particularly excited about the potential to draw new options traders to the Arbitrum ecosystem, thereby boosting overall trading volumes and positioning Arbitrum as a leader in decentralized options trading.

BR,
IZUMI TEAM

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Michigan Blockchain supports this proposal with the requested amount being justified given the sustainable benefits to the Arbitrum ecosystem and having conducted an in-depth reviewal process of all submitted STIP proposals. We appreciate Rysk’s effort in delivering a promising proposal and working with the community throughout the process.

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thanks for your support!

looking forward to grow Arbitrum ecosystem

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As mentioned by the RYSK team on the proposal, option markets are gaining popularity yet impact the TVL and user metrics visibly. As the ITU Blockchain delegation team, this proposal overlaps with our opinions about the usage of DeFi and is ready for a vote. We voted “For” but need future updates on metrics, apparently. The incentive for traders and liquidity providers will show an undeniable change in the metrics on the protocol and, therefore, on the Arbitrum ecosystem.

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