STIP Analysis (ARDC Research Deliverables)

STIP-Bridge – Support Material for the Community

To help community members and delegates form a holistic view of STIP-Bridge applicants that aren’t automatically required to go through a challenge vote on Snapshot (i.e., projects that have applied for a STIP-Bridge allocation before the initial deadline of May 3rd, 2024), Blockworks Research, acting as one of the Research Members for the ARDC, is sharing a workbook that includes qualitative data on the aforementioned applicants’ utilized incentive structures, operational approaches, reporting standards, notable protocol changes, etc. This data has primarily been collected from protocols’ original STIP applications, bi-weekly updates, final reports, and STIP-Bridge addendums. We’ve also included some relevant commentary, as well as any possible red flags and minimal/open-to-interpretation rule deviations we’ve encountered. This qualitative data is meant to be used as a supplementary tool to performance data (see OpenBlock Labs’ STIP dashboard), ideally assisting the community in forming opinions on STIP-Bridge applicants’ performance during and after the STIP.

Moreover, as instructed by the DAO Advocate, L2BEAT, the workbook also includes a sheet with summaries of our findings, accompanied by a color code representing whether or not the community might want to inspect further a protocol’s performance, incentive mechanisms, or program-related operations.

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