2. Savvy DAO has voted FOR the Stargate STIP Bridge Addendum
We endorse the updated Stargate proposal as a vital initiative for enhancing the Arbitrum ecosystem’s functionality and user experience. Stargate’s strategic shift in incentive distribution, particularly the reduction in USDC liquidity incentives, is a tailored response to unique ecosystem needs, aiming to establish a significant $0 to $1 growth in native USDC. This pivot from rebating protocol fees to offering gas incentives for native asset bridging aligns perfectly with the community feedback, promising more direct benefits to users. Additionally, the introduction of clear, measurable KPIs demonstrates Stargate’s commitment to transparency and accountability. Considering Stargate’s critical role in the Arbitrum network and its proactive adjustments based on prior feedback, voting for this proposal is a strategic choice to drive meaningful cross-chain liquidity and enhance overall network utility.