1.Savvy DAO has voted FOR the MUX challenge proposal.
FOR Voting Rationale on MUX’s STIP Bridge Challenge Proposal
We support MUX’s request for an additional 1.9M ARB as their response clearly addresses the initial concerns regarding sustainability and effectiveness. Since the end of the last STIP round, MUX has not only maintained but also grown their trading volume, launching two innovative products that have successfully redirected liquidity and sustained trader engagement beyond the incentivized period. Their proactive reduction of the grant request by 36%, paired with strategic adjustments inspired by prior learnings, showcases a thoughtful and calculated approach to utilizing the funds for long-term growth. These efforts illustrate MUX’s commitment to adapting and enhancing their ecosystem on Arbitrum, making them a deserving candidate for the bridge round funding.
See proposal here: [FINAL] MUX Protocol STIP Addendum - #7 by SavvyDAO