Savvy DAO - Delegate Communication Thread

6. Savvy DAO has voted FOR the KyberSwap Proposal

KyberSwap has demonstrated significant resilience and responsibility following the exploit of their liquidity pools. The decision to return nearly 359K ARB unused from their initial grant reflects their commitment to the Arbitrum ecosystem and responsible management. Their proposal to refocus efforts on their core services, the DEX aggregator and limit-order operations, aligns with a strategic shift that prioritizes security and sustainability over expansion. The new grant request of 450K ARB aims to incentivize trading, enhance referral programs, and promote limit-order farming, which are poised to increase user engagement and volume on the platform. Given KyberSwap’s role as a top-tier aggregator and their proactive adjustments post-exploit, supporting this proposal could significantly benefit Arbitrum’s trading landscape and ecosystem growth.