[Savvy] [FINAL] [STIP - Round 1]

Hello @romang86 ,

Now that your application has been marked eligible, please be advised of the remaining steps in the application process to be completed prior to the Review Period Deadline:

Please complete the following steps required for your application to proceed to Snapshot:

To change your proposal to final, please tag an Arbitrum Foundation Forum Moderator (@ stonecoldpat @ cliffton.eth @ eli_defi) by the Review Period deadline to notify them of your proposal’s readiness to proceed from [Draft] to [Final] status.

Once notified, the Arbitrum Foundation Forum Moderator will adjust your title from [Draft] to [Final] status. Once marked as [FInal], your application post will be locked by moderators and you will no longer be able to edit your proposal.

Hello @stonecoldpat, @cliffton.eth, and @eli_defi. We’ve incorporated all the feedback and changes and finalized the proposal.

We are ready for the [Final] Stage. Thank you.

Sorry to trouble you @stonecoldpat, @cliffton.eth, and @eli_defi. Can someone please remove the [edited date]

Post has been marked FINAL and locked. Removed the [edited date] portion too.

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Thrilled to be a part of the Arbitrum STIP grant process!

Happy to see the SavvyDAO community here.

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 Savvy’s effort in delivering a promising proposal and working with the community throughout the process.

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We appreciate the clarity and thoroughness of the Savvy DeFi proposal. As indicated in the grant breakdown, the major focus is to enhance the liquidity and boost yields, attracting a broader user base to the platform. We think that emphasizing incentives for ARB-focused initiatives within the proposal can further bolster the Arbitrum ecosystem and bring in more participants. Given the meticulous details and transparent planning showcased in the proposal, we’re inclined to endorse it.

On behalf of ITU Blockchain, we express our ‘For’ vote for this proposal.

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Thank you so much for your support!

We appreciate your support and look forward to building Arbitrum together!

Hey Everyone,

We have requested an address change for the Multisig that will be receiving the STIP rewards to be distributed. We have informed Arbitrum Compliance via email and are also letting the community know about the change. Since we are unable to make changes to the original post. Please use this post as notice.

Old Address is the Savvy Treasury Wallet: arb1:0x4f54Cab19B61138e3c622a0bD671C687481eC030

New Address is the Savvy DAO Wallet: 0x210c0856cD966fB8990B062488A18De778122329

Thank you

As explained on the Liquidity Incentive Working on January 23rd (see recording here), Savvy has updated it’s STIP design.

We will now allocate STIP emissions for staking SVY (ARB Booster), liquidity providing and a bond program.

I’m adding this post per a recommendation by STIP program manager @Matt_StableLab.

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