[Shell Protocol] [FINAL] [STIP - Round 1]

We appreciate the clarity and thoroughness of the Shell Protocol proposal. As outlined in the grant breakdown, the primary objective is to stimulate liquidity and enhance yields, with the aim of attracting a broader user base to the platform. While we acknowledge the proposal’s merits, we believe that there may be some aspects that require further refinement and planning.Due to certain aspects appearing less well-defined, we have decided to abstain from casting a vote in this round. We look forward to a potential second round where these aspects can be addressed and evaluated more comprehensively.

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