Savvy DAO - Delegate Communication Thread

7. Savvy DAO votes FOR Gains Network STIP Addendum

We are following the ARDC’s updated recommendation from “challenge” to “for”.

Savvy DAO has voted FOR the Gains Network STIP Bridge Addendum

Savvy DAO supports the Gains Network STIP Bridge Addendum due to the substantial growth metrics achieved during the initial STIP period, including over 200% increases in daily trading volume and fees. The proactive steps taken by Gains Network, such as reducing gas costs and minimum position sizes, and introducing new collateral types, demonstrate their commitment to addressing previous challenges and enhancing the user experience. The measures implemented to mitigate Sybil attacks and refine the incentive structure further align with our goal of driving sustainable growth. We believe that the proposed allocation of funds will enable continued innovation and support within the Arbitrum ecosystem.