Firstly, we thank you for the proposal. Thales’ innovative AMM products are definitely unique. It’s very valuable that you have shared the impact report of the grant received from Optimism. Also, deciding how the received grant should be distributed through governance is quite important. However, when we compare the effect created by the grant amount received in Optimism, we believe it did not create sufficient TVL. The allocation of the desired grant, mostly to programs like trade competition, raised questions for us. We are of the opinion that trading competitions do not create a lasting impact.
Due to all these reasons, we as ITU Blockchain are casting an “Abstain” vote in this ballot.