STIP - Round 1: Application Period Update

DAO Grant Programs Incentive Framework (Round 1)
1

Hi Everyone,

This is a formal announcement that the Application Period will end tonight, on September 27, 2023 11:59 PM EST.

Once the application period has concluded, any new applications will be withheld from the forum and will be placed in the forum queue until Round 2 of the program.

Round 1 of the program will proceed with the following timeline:

  • Review Period Begins: September 28, 2023 12:00 AM EST

  • Review Period Deadline: October 4, 2023 11:59 PM EST

  • Voting Period Begins: October 5, 2023

  • Voting Period Deadline: October 12, 2023

To clarify the process aheadā€¦

During the Voting Period, eligible applications will be put to vote on Arbitrum Snapshot. StableLab will mark applications as ready for vote depending upon each applicationā€™s eligibility. To be eligible for Snapshot, programs must follow the following steps:

  1. Applications must integrate feedback to meet all of the aforementioned Application Requirements for the STIP program:

  1. Applications must format their post correctly.

    Once feedback is collected, applicants will need to change their application title from [DRAFT] to [FINAL] by the Review Period deadline: October 4, 2023 11:59 PM EST. At that time, all eligible proposals with the following formatted titles will be migrated to Arbitrum Snapshot to vote. The correct format for a proposal ready to move to vote looks like this: [Project Name] [FINAL] [STIP - Round 1].

If your proposal has NOT been formatted as such it will NOT proceed to Snapshot.

The voting period will allow delegates to vote to determine each applicationā€™s success. To succeed, eligible applications must receive a greater than 50% majority in favor of the proposal and exceed the 71.51 million ARB vote quorum outlined in the STIP proposal.

Next Steps
To kickoff the Review Period, StableLab is ingesting the rush of last minute proposals with plans to publish two posts tomorrow:

  1. A summary and review guide of existing applications for Delegates.
  2. A Community Call Schedule for both Applicants and Delegates.

Lastly, as we approach the voting period, StableLab and the STIP-ARB Multisig will publish additional information regarding the KYC process and the fund disbursement schedule and cadence for successful STIP Round 1 grantees.

We look forward to proceeding into the Review period tomorrow and we thank the DAO again for its support.

10 Likes
2

@Matt_StableLab HMX team posted the grant application earlier today but somehow it was flagged by a bot for review and the post is now hidden.

Being cognizant of the submission deadline, should we try to repost with a different account or the original post will still be considered as being submitted within the deadline.

Thank you!

3

@HMX The foundation must approve posts for new users. Sometimes this takes time but as your post was submitted before September 27, 2023 11:59 PM EST it should be approved and will be checked for eligibility once it makes it to the forum.

@cliffton.eth could you help HMX out with this?

2 Likes
4

@Matt_StableLab Thank you for the clarification

@cliffton.eth here is the link to the post: https://forum.arbitrum.foundation/t/hmx-draft-stip-round1/17518/1

Thanks for your help.

5

Hey @HMX , this post is now live! [HMX][DRAFT][STIP-Round1]

3 Likes
6

@cliffton.eth Many thanks for the help! :pray:

8

Made a dashboard summarising all 92 applications!

Not yet accounting for more recent updates to the breakdown/sizes though, just their original asks.

14 Likes
9

A few helpful dashes floating around:
Blockworks: Blockworks Research | Arbitrum Incentive Proposals - Google Sheets
Arbitrum STIP tracking - Google Sheets
@jerame20 Arbitrum STIP tracking - Google Sheets
@archipelabro: Arbitrum_STIP by archipelabro - Google Sheets
@CastleCapital Has one too?

8 Likes
10

Appreciate you bringing all of the different sheets in to one place. :grin:

1 Like
11

Thanks @tnorm @Matt_StableLab @jerame20 @archipelabro , is gone be a great vote for buildooor , and a great exchange of skills to buildong in it.

2 Likes
12

These sheets are a great resource!

We will publish something in due course, but it is currently a WIP

2 Likes
13

@tnorm

Each of these has incorrect and varying information for the Ramses proposal

Considering the volume of applications the delegates have to cover, Iā€™m concerned that we get the correct information to them in these (helpful) aggregated tracking sheets.

Anything I can do to help update this information so it matches the proposal?

Thanks

3 Likes
14

A question here. I canā€™t edit the title right now and should I wait for the system to uniformly open the permissions to allow modificationļ¼Ÿ

15

A big thank you to Blockworks, @jerame20, @archipelabro, and @CastleCapital for helping to compile the proposals!

Just a note that PancakeSwap has revised our grant request amount to 200k ARB tokens - weā€™d greatly appreciate if you could help reflect that in your respective sheets :saluting_face:

4 Likes
16

SpartaDEX has reduced the grant request amount from 650,000 $ARB to 500,000 $ARB, therefore incorporating the valuable feedback provided by @CastleCapital. Thank you guys for helping in improving the proposal so it can serve the Arbitrum Ecosystem better.

@jerame20, @archipelabro, we would be grateful if you could include this change in your sheets. Thanks in advance!

2 Likes
17

hey alaya, you need to tag @ cliff or eli (admins of this forum) on your propoal and announce that your proposal is Final. and then they will edit the title for you : )

1 Like
18

Updated everything to reflect the final applications!

3 Likes
19

We have created a dashboard to track live voting of STIP proposals on Arbitrum Foundation

here: https://link.inspex.co/arbitrum-grants-voting-dashboard

We are also planning to create a comprehensive dashboard to track and monitor all the grant distributions for all successful applicants. So stay tuned for that! If there is any specific data you would like to see please let us know and we will incorporate them.

11 Likes
20

50million $ARB in @arbitrum ecosystem incentives is coming! :rocket::rocket: