Hey @aleezagroks , I’ve reverted the post to edit#3 as requested.
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Shell Protocol: @aleezagroks
From @Seedgov led by the @cattin delegation, we want to convey our support to this proposal. The reasons why we agree are as follows:
- It incentivizes protocol liquidity as it matures, meeting TVL requirements and having been on Arbitrum for over a year.
- Evolving Proteus (EP).
We want to clarify that this is not the final vote, since as we clarify in this release, the final vote is defined by our community. We also want to invite you to attend our Governance Call that will be held tomorrow in our discord.
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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 Shell Protocol’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 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.