# Tide Protocol STIP Addendum

**URL:** <https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804>\
**Category:** STIP Bridge Addendum\
**Created:** [May 14, 2024, 3:03pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804 "2024-05-14T15:03:41Z")\
**Posts on this page:** 16\
**Page:** 1

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**Author:** ![clis](https://avatars.discourse-cdn.com/v4/letter/c/f05b48/32.png) [@clis](https://forum.arbitrum.foundation/u/clis)\
**Post date:** [May 14, 2024, 3:03pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/1 "2024-05-14T15:03:41Z")

</div>

#### Information about STIP/STIP Backfund

1. Can you provide a link to your previous STIP proposal (round 1 or backfund)?

> [@\[TIDE\]\[FINAL\]\[STIP - Round 1\]](https://forum.arbitrum.foundation/t/tide-final-stip-round-1/17314):
>
> Applicant Name: Silvio Busonero SECTION 1: APPLICANT INFORMATION Project Name: Tide Project Description: Tide helps web3 businesses distribute incentives in a data driven way. Every web3 business adopts token distribution and direct user incentives as a growth strategy. Most of the proposals for STIP are indeed budget request for liquidity mining programs. However, liquidity mining can be hugely improved: It is not data driven, making it easy for sybil and short term speculator to profit. …

1. How much, in the previous STIP proposal, did you request in ARB?

80k ARB

1. What date did you start the incentive program and what date did it end?

Incentive started Jan 8th 2024 and ended March 30th 2024

1. Could you provide the links to the bi-weekly STIP performance reports and Openblocks Dashboard?

> [@Tide protocol first bi-weekly update (STIP)](https://forum.arbitrum.foundation/t/tide-protocol-first-bi-weekly-update-stip/20481):
>
> Recap Of the previous two weeks: Tide team started the activity of disbursement and is working with projects on ARB ecosystem to run innovative liquidity mining campaigns. Today the first campaign in partnership with 1inch will go live (link will be posted in the comments). As most of the partner teams were on winter break, we have just started with the campaigns. ARB Received Last Disbursement: 11 429 Contracts incentivized over the last two weeks: - Contract address label: - ARB left over…

> [@Tide Protocol Bi-Weekly Update \[STIP\]](https://forum.arbitrum.foundation/t/tide-protocol-bi-weekly-update-stip/20790):
>
> ARB Received Last Disbursement:10’000 ARB Utilized as Incentives in the Last Two Weeks: 5’700 Contracts incentivized over the last 2 weeks: Contract name: WaveContract 1Inch Sprint 1: 0x5aD77aDa160B89CB13126F31FCDBF0F06Cc0d055 1Inch Sprint 2: 0x4E90961d2c1dEDEa92db68BE8338aD8642531A93 Monitok: 0x6d2AA69F8e5439141c0eA33DEd480445e0262284 Swaap: 0x249ea73a75559adcdb0D85C556A268EE4A2cCd0a [Form 23](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses: Yes ARB left over: 4’300 Plan for leftover ARB: Organise more cam…

> [@Tide Protocol Bi-Weekly Update \[STIP\] - Feb 08 2024](https://forum.arbitrum.foundation/t/tide-protocol-bi-weekly-update-stip-feb-08-2024/21154):
>
> Recap of the Previous Two Weeks ARB Received Last Disbursement: 11429 ARB Utilized as Incentives in the Last Two Weeks: 3500 Contracts incentivized over the last 2 weeks: Contract name: WaveContract 1Inch Sprint 3: 0x513949023a11D9EBBda6dbC8cca93BbE8e94320E Zaros: The Quest: 0x45D553a50Eb7e8B3d9146FBEFfC17F1dD2eaA022 Exclusive Quest: 0xD6F291767af145e8040e50A1e72AFEf152D008B8 [Form 23](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses: Yes ARB left over: 36516 Plan for leftover ARB: Organise more campaigns wit…

> [@Tide Protocol Bi-Weekly Update \[STIP\] - Mar 1 2024](https://forum.arbitrum.foundation/t/tide-protocol-bi-weekly-update-stip-mar-1-2024/21670):
>
> ARB Received Last Disbursement: 11429 ARB claimed so far: 45716 ARB Utilized as Incentives in the Last Three Weeks: 3600 ARB already distributed through Tide campaigns: 12700 ARB left over: 33016 Contracts incentivized over the last 3 weeks: 3 Contract name: WaveContract Project Contract Address Landx Harvest Quest 0xe36101fFa7E6ac8b00E9B2cE8E9Cce43aA7657e9 Magpie’s Arbitrum Adventure 0x046e0B5A609a9B499baE58d5b64f61ae86298293 The Flash Campaign - Testnet Waitlist 0x090F8519E…

> [@Tide Protocol Bi-Weekly Update \[STIP\] - Mar 27 2024](https://forum.arbitrum.foundation/t/tide-protocol-bi-weekly-update-stip-mar-27-2024/22837):
>
> ARB claimed so far: 80000 ARB Utilized as Incentives in the Last Two Weeks: 46000 ARB left over: 19200 Contracts incentivized over the last 3 weeks: 11 Contract name: WaveContract We incentivised 10 projects to launch campaigns for “Tide Arbitrum Tsunami”. A series of campaigns to promote on-chain actions on the Arbitrum chain. Check our website to see the space by searching for Tide Protocol. |Column 1 | Column 2 | Column 3| |— | — | —| |Project | Contract | Arb distributed| |Zaros | …

Dashboard:

[https://dune.com/five\_elements\_labs/tide-arb](https://dune.com/five_elements_labs/tide-arb)

1. Could you provide the KPI(s) that you deem relevant for your protocol, both in absolute terms and percentage change, month over month, for the first of each month starting from October 2023 until April 2024, including the extremes? If you don’t know what KPI might be relevant for you or how to properly define them, please refer to the following document:

Number of protocols involved: 10 (Zaros, Flood, Magpie, 1inch, Swaap, Interport, Unstoppable, RhinoFi, LandX, Bungee)

Unique arbitrum users: 13775

Gas fees 2063 ETH

Please check our Dune dashboard for more insights: [https://dune.com/five\_elements\_labs/tide-arb](https://dune.com/five_elements_labs/tide-arb)

ARB distributed: 64202

Remaining ARB: 15798

The remaining ARB tokens are a result of the time it took us to complete the development of the feature called Cycles ([Cycles - Automatic Rewards | Web3 Marketing, points and quests](https://landing.tideprotocol.xyz/cycles)). We built a new way that will allow users to earn ARB tokens on a regular basis by completing quests and collecting points. However, the feature development took longer than expected and was later impacted by the Hedgey hack. We are working hard to re-enable the feature so that users participating in Tide campaigns can receive ARB tokens on a daily or weekly basis.

1. [Optional] Any lessons learned from the previous STIP round?

The previous STIP round revealed some valuable lessons. Initially, our strategy for distributing rewards was cumbersome and slow to implement. We found that contacting projects and coordinating quest campaigns on Tide, with Tide rewarding users with ARB tokens, involved extensive back-and-forth communication before each campaign launch. However, as the program progressed, we refined our approach. We introduced a series of campaigns called “Tsunami”, organized entirely by Tide on behalf of partner projects. Each campaign would require on-chain actions on Arbitrum. This streamlined process proved to be highly successful, with over 11 thousand unique participants in just one week. We collaborated with 10 major projects in the ecosystem, distributing a total of 44k ARB tokens ([https://www.tideprotocol.xyz/users/spaces/1881](https://www.tideprotocol.xyz/users/spaces/1881)).

#### New Plans for STIP Bridge

1. How much are you requesting for this STIP Bridge proposal?

100K ARB

1. Do you plan to use the incentives in the same ways\* as highlighted in Section 3 of the STIP proposal? [Y/N]

N

1. [Only if answered “no” to the previous question] How will the incentive distribution change in terms of mechanisms and products?

We are going to use the incentive in a similar way as highlighted in section 3. We will organize a series of campaigns where multiple projects will have one campaign organized by Tide on our platform. An example of this is the Tide Tsunami campaign series. ([https://www.tideprotocol.xyz/users/spaces/1881](https://www.tideprotocol.xyz/users/spaces/1881)) . We would like to launch more series like the Tide Tsunami (two of 50k ARB distributed) with more protocols involved.

We are planning to distribute the remaining tokens from the previous STIP (around 15k) together with this new STIP Addendum for completing the following:

- launch 2 series of Tsunami campaigns of around 40/50K ARB each with old and new partners that are building on Arbitrum.

The remaining ARB will be utilized to incentivize Tide community engagement via Tide’s innovative new feature, Cycles. Cycles enable projects to periodically distribute tokens based on users’ accumulated points. This engagement tool holds significant potential benefits for projects. Benefits include better and longer engagement as users are rewarded on a daily or weekly basis. Users are therefore incentivized to use protocols more often because the only way to be eligible to earn rewards is by completing quests every day/week to collect points. Points are then translated into ERC20 rewards.

Moreover, projects that use Cycles distribute the rewards more efficiently and effectively during the campaign period. This allows projects to constantly improve their campaign strategy.

Tide is also working on building sybil resistant campaigns using allow lists, the integration of Gitcoin Passport and the Humanode discord role verification task. Therefore, projects on Arbitrum will benefit from our sybil resistant solutions linked to Cycles

So far the quest model is not flexible (do X get Y), Tide is making it more sophisticated combining actions with continuous rewards.

Our sybil protection mechanisms also prevent bots and low quality users.

Tide will utilize all remaining ARBs to reward users through Cycles. The STIP represents an opportunity for Tide to introduce a novel distribution method. Users will be able to claim daily or weekly ARB rewards from their favorite projects. Only users gaining points through quests completion and campaigns are eligible.

Tide allows projects to launch campaigns and simple quests that ask users to complete social (Twitter and Discord) and on-chain tasks such as verifying swaps, liquidity providing, NFT holding, minimum balance, minimum number of transactions and more. Every task completion rewards users with points that add up on a leaderboard. Tide’s leaderboard, therefore, is now not only a gamification and competition tool but also a way to reward users that participate in campaigns and quests. All of this is possible with Cycles and this STIP addendum plays a fundamental role in allowing the testing of this feature with ARB rewards.

Example of Cycle campaign tasks:

- Daily swap with project X on Arbitrum
- Hold TVL on Arbitrum for n days
- Bridge to Arbitrum every day
- Deposit on a landing protocol on Arbitrum
- Mint NFTs on Arbitrum
- Hold Gitcoin passpord/Humanode credential

1. Could you provide the addresses involved in the STIP Bridge initiative (multisig to receive funds, contracts for distribution, and any other relevant contract involved), and highlight if they changed compared to the previous STIP proposal?

Grant Breakdown: Using the funds to launch acquisition and retention campaigns on Tide

Funding Address: arb1:0xe199d0CA24306cFA5BAee371b821fE5B1edF3456

From the funding address we would send part of the funds to projects that would then distribute the funds as rewards to users. With Tide Tsunami campaigns the funds were moved to a wallet address managed by Tide in order to smooth the operational processes.

This is the address used for Tide Tsunami (that distributed 44k ARB to users): 0xCac1B96a81414BE3579F064aFa36282cdD126B33

Here is a summary of all the campaigns sponsored by the STIP:

| Campaign | Project | Contract Address | Arb Sent |
| --- | --- | --- | --- |
| 1inch Sprint 1 | 1inch | 0x5aD77aDa160B89CB13126F31FCDBF0F06Cc0d055 | 2000 |
| 1Inch Sprint 2 | 1inch | 0x4E90961d2c1dEDEa92db68BE8338aD8642531A93 | 2000 |
| Join Monitok, Enjoy Self-Custodial Trading | Monitok | 0x6d2AA69F8e5439141c0eA33DEd480445e0262284 | 200 |
| Deposit and claim ARB tokens | Swaap | 0x249ea73a75559adcdb0D85C556A268EE4A2cCd0a | 1500 |
| 1Inch Sprint 3 | 1inch | 0x513949023a11D9EBBda6dbC8cca93BbE8e94320E | 2000 |
| Zaros: The Quest | Zaros | 0x45D553a50Eb7e8B3d9146FBEFfC17F1dD2eaA022 | 400 |
| Exclusive Quest | Zaros | 0xD6F291767af145e8040e50A1e72AFEf152D008B8 | 1000 |
| Zaros Super Giveaway Role | Zaros | 0x2c2CAc8e5B380120C139ae8F7c6f8980052E222b | 100 |
| The Flash Campaign - Testnet Waitlist | Zaros | 0x090F8519EFA3Aaa4490fD46A542B9104f670F8cA | 500 |
| Last Zaros Campaign (to launch soon) | Zaros | | 1000 |
| Landx Harvest Quest | Landx | 0xe36101fFa7E6ac8b00E9B2cE8E9Cce43aA7657e9 | 1000 |
| Error balance campaign points | Magpie | | 600 |
| Magpie’s Arbitrum Adventure | Magpie | 0x046e0B5A609a9B499baE58d5b64f61ae86298293 | 2000 |
| Flight to Arbitrum: 2000 ARB Prize Pool | Magpie | 0xcda9018841bad4031C4829ED1B6DA77e4481Ac6C | 2000 |
| Hodl LNDX to Win | Landx | 0xe36101fFa7E6ac8b00E9B2cE8E9Cce43aA7657e9 | 1000 |
| Last LNDX Campaign (to launch soon) | Landx | | 1000 |
| Interport | Interport | 0xFdCd28aaD0baa8C11dac402FE5F34bD5C18b0694 | 500 |
| Skyward to Arbitrum: Win 2000 ARB | Magpie | 0x8B853c534945597B9036524a10D4526fc0AE8259 | 2000 |
| Arbitrum TSUNAMI below | | | |
| Zaros | Zaros | 0xa94164b51e7aEc9d4DD7ef17562BE97d091A499D | 3000 |
| Flood | Flood | 0x45eb92fFF50c9cd4cA45d85CfF223c84c4506D03 | 3000 |
| Magpie | Magpie | 0xc2F1793dd24A96aBEafA7dDf82a94EF63D59F970 | 3000 |
| 1inch | 1inch | 0x7B1b6e13830223701fD5aa021459396f6B0497EA | 5000 |
| Swaap | Swaap | 0x134038a53798457e2236a001cf44738526D594f6 | 5000 |
| Interport | Interport | 0x5590e4050870Fa0daDEd9cE55ef07BA7170D8b77 | 5000 |
| LandX | LandX | 0xc76566BC58Ee84e8E7CeD08A84301Eb5529cFddb | 5000 |
| [Rhino.fi](http://Rhino.fi) | [Rhino.fi](http://Rhino.fi) | 0xEF1bD616fa15166d8B77D35A5a1D3af05103E7C1 | 5000 |
| Unstoppable | Unstoppable | 0xb6fDeb12925486D186001D9591D0dC2E4A9Bc20D | 5000 |
| Bungee | Bungee | 0xf22D429B1EDDD66FDb08cf6E201139C25fc5A87A | 5000 |

Tsunami Series Recap

| Project Name | ARB distributed | Total Claims | Sessions | Average Wallet Age | Avg Tx Count | Campaign Start Time | End Time |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Flood | 3k | 402 | 1210 | 01/10/2021 | 1.3k | 21/03/2024 | 29/03/2024 |
| 1inch | 5k | 535 | 1198 | 09/10/2021 | 1.3k | 21/03/2024 | 29/03/2024 |
| Tide | NFT | 1657 | 3295 | 28/10/2020 | 5.2k | 20/03/2024 | 29/03/2024 |
| Unstoppable | 5k | 517 | 1229 | 09/10/2021 | 1.3k | 21/03/2024 | 29/03/2024 |
| [Rhino.fi](http://Rhino.fi) | 5k | 484 | 1114 | 24/02/2022 | 1k | 21/03/2024 | 29/03/2024 |
| Magpie | 3k | 920 | 1528 | 16/02/2021 | 3.8k | 21/03/2024 | 29/03/2024 |
| Swaap | 5k | 260 | 902 | 17/10/2018 | 13.3k | 21/03/2024 | 29/03/2024 |
| LandX | 5k | 799 | 1356 | 18/10/2021 | 1.3k | 21/03/2024 | 29/03/2024 |
| Zaros | 3k | 780 | 1314 | 30/09/2021 | 1.5 | 21/03/2024 | 29/03/2024 |
| Interport | 5k | 489 | 1068 | 02/05/2019 | 11.3k | 21/03/2024 | 29/03/2024 |
| Bungee | 5k | 561 | 1403 | 22/05/2019 | 10.8k | 21/03/2024 | 29/03/2024 |

ARB distributed: 64800  
ARB left : 15200

Two campaigns need to be launched yet: one by LandX (1k ARB) and one by Zaros (1k)

Address that received the STIP: 0x234ac2bc4ed77819de16634e172c8014024773b7

Funding Address Characteristics: Multisig 2/3

Contract Address: ERC20 factory. 0xfB51d25c88819E25EEA78933c82D3985835Eda95

1. Could you share any feedback or suggestions on what could be improved in future incentive programs, what were the pain points and what was your general evaluation of the experience?

Pain point: there is the Arbitrum forum, however the communication is often not clear. We’d like to have some reference people that are responsible for keeping contact with companies that received the STIP and are available in case of doubts or questions.

Incentive programs for web3 marketing platforms like Tide are very useful as they promote activity on projects working on Arbitrum while rewarding many participating users with small rewards. For example, the series of the Tide Tsunami campaigns was able to reward more than 11k users with chunks of 100ARB each. This was done in one week, however if the campaign would have lasted longer we believe numbers would also be higher. This spreads the ARB tokens to many users instead of just a few.

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<div class="post-metadata">

**Author:** ![clis](https://avatars.discourse-cdn.com/v4/letter/c/f05b48/32.png) [@clis](https://forum.arbitrum.foundation/u/clis)\
**Post date:** [May 16, 2024, 2:00pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/2 "2024-05-16T14:00:00Z")

</div>

Hey @Matt_StableLab  
could we at Tide kindly have an advisor?

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<div class="post-metadata">

**Author:** ![Matt\_StableLab](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/matt_stablelab/32/9258_2.png) [@Matt\_StableLab](https://forum.arbitrum.foundation/u/Matt_StableLab)\
**Post date:** [May 21, 2024, 8:24pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/4 "2024-05-21T20:24:53Z")

</div>

Hello @clis ,

Thank you for your application! Your advisor will be @JoJo.

Please join the [LTIPP discord](https://discord.gg/nUe7QpYCB2)and ping your advisor in the general chat so they can create a new channel and start communicating with you.

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<div class="post-metadata">

**Author:** ![mcfly](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/mcfly/32/3099_2.png) [@mcfly](https://forum.arbitrum.foundation/u/mcfly)\
**Post date:** [May 26, 2024, 6:09pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/5 "2024-05-26T18:09:05Z")

</div>

On behalf of the Arbitrum community members who delegated their voting power to us, we’re voting Against this proposal.

While Tide Protocol achieved some notable metrics in the initial STIP like involving 10 protocols, attracting 13.8K unique users, and generating over 2K ETH in gas fees, it’s unclear how much of this activity was a direct result of the incentives vs. organic growth of the platforms. The fact that 20% of the ARB allocation remains undistributed due to product delays also raises concerns about efficient capital deployment.

The pivot to hosting streamlined “Tsunami” campaign series was a smart iteration that boosted participation to 11K users in a single week. However, simply repeating this for the majority of the 100K ARB bridge request without clearer projections of the marginal impact leaves me uncertain of the potential ROI for the DAO.

The new “Cycles” rewards system for campaign and quest participants does sound promising as a novel ongoing distribution method with some sybil resistance measures. But with it still being untested, I’m hesitant to dedicate significant additional funding to it at this stage.

Overall, while Tide has undoubtedly made some positive contributions to Arbitrum adoption, I don’t feel there is sufficient evidence that doubling down with another large grant is the optimal use of limited resources right now. I would prefer to see the remaining 15.8K ARB from the initial round be used to demonstrate the efficacy of the new strategies before potentially revisiting further funding in the future.

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**Author:** ![SavvyDAO](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/savvydao/32/4578_2.png) [@SavvyDAO](https://forum.arbitrum.foundation/u/SavvyDAO)\
**Post date:** [May 27, 2024, 2:30pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/6 "2024-05-27T14:30:03Z")

</div>

**Savvy DAO has voted FOR the Tide Protocol Proposal**

> [@Savvy DAO - Delegate Communication Thread](https://forum.arbitrum.foundation/t/savvy-dao-delegate-communication-thread/21266/27):
>
> Savvy DAO has voted FOR the Tide Protocol Proposal Tide Protocol’s initiative to expand its innovative “Cycles” feature and launch additional “Tide Tsunami” campaign series underscores its commitment to fostering sustained user engagement and growth within the Arbitrum ecosystem. The protocol’s previous success with “Tsunami” campaigns, which significantly increased user participation and engagement in a short period, demonstrates the effectiveness of its approach. The detailed plan to use the …

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<div class="post-metadata">

**Author:** ![Larva](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/larva/32/1896_2.png) [@Larva](https://forum.arbitrum.foundation/u/Larva)\
**Post date:** [May 27, 2024, 3:21pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/7 "2024-05-27T15:21:47Z")

</div>

I’ve voted FOR Tide Protocol STIP Addendum.

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<div class="post-metadata">

**Author:** ![maxlomu](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/maxlomu/32/1282_2.png) [@maxlomu](https://forum.arbitrum.foundation/u/maxlomu)\
**Post date:** [May 27, 2024, 5:34pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/8 "2024-05-27T17:34:20Z")

</div>

gm,

I like what you guys are building and big fan of the team.

PRO:

- You created a valuable engagement program with strong partners
- You managed to keep your Sybil score way below a similar platform that was funded, indicating a strong and effective tool  
 ![image](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/e/e7d612346ba2e64c376ae5ccabdadf4e8ad1b1e8.png)

CONS:

- You have completely missed your KPIs from the initial plan (objective of 250k users vs 13000 onboarded). It’s hard to justify another 100k grant while you can still partner with other protocols and use their incentives in your campaign.

I’ll be **abstaining** this.

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<div class="post-metadata">

**Author:** ![Tane](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/tane/32/3187_2.png) [@Tane](https://forum.arbitrum.foundation/u/Tane)\
**Post date:** [May 27, 2024, 7:11pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/9 "2024-05-27T19:11:01Z")

</div>

We vote to **reject funding** the protocol.

Reasoning: Clearly missed the target metrics and we are not certain the somewhat revised plans will improve the trajectory in a significant way.

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<div class="post-metadata">

**Author:** ![PrincetonBlockchain](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/princetonblockchain/32/1312_2.png) [@PrincetonBlockchain](https://forum.arbitrum.foundation/u/PrincetonBlockchain)\
**Post date:** [May 27, 2024, 8:07pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/10 "2024-05-27T20:07:40Z")

</div>

PBC did not vote on the Tide STIP Bridge grant.

Our team was out of office this week and was unable to do a complete review of the request/challenge in time for voting.

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<div class="post-metadata">

**Author:** ![PGov](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/pgov/32/11870_2.png) [@PGov](https://forum.arbitrum.foundation/u/PGov)\
**Post date:** [May 28, 2024, 5:38am UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/11 "2024-05-28T05:38:54Z")

</div>

We voted yes on funding this due to Tide’s unique approach to incentivizing user engagement through well-organized campaign series. Their innovative “Tsunami” campaign model demonstrated the ability to mobilize and reward over 11,000 unique participants, driving significant on-chain activity and engagement. Additionally, their focus on developing sybil-resistant mechanisms and continuous reward cycles showcases a forward-thinking approach to fostering sustainable user interaction and growth, we are in favor.

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<div class="post-metadata">

**Author:** ![WinVerse](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/winverse/32/10523_2.png) [@WinVerse](https://forum.arbitrum.foundation/u/WinVerse)\
**Post date:** [May 28, 2024, 12:16pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/12 "2024-05-28T12:16:36Z")

</div>

DAOplomats voted to Reject funding.

There were positives from STIP but failure to meet KPIs resulted in our ultimate decision to reject funding.

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<div class="post-metadata">

**Author:** ![ITUblockchain](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/itublockchain/32/558_2.png) [@ITUblockchain](https://forum.arbitrum.foundation/u/ITUblockchain)\
**Post date:** [May 28, 2024, 12:47pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/13 "2024-05-28T12:47:00Z")

</div>

With proposed output throughout the first round, we believe that there is a problem in terms of creating sustainable value for the ecosystem. Moreover, when the planned process with a new grant is examined, we have concerns that the situation will change. Therefore, we will vote ‘’Against’’ for this proposal.

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<div class="post-metadata">

**Author:** ![cp0x](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/cp0x/32/5455_2.png) [@cp0x](https://forum.arbitrum.foundation/u/cp0x)\
**Post date:** [May 28, 2024, 4:38pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/14 "2024-05-28T16:38:59Z")

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I don’t know how I feel about such projects, and does it help Arbitrum - I don’t know.  
This is support for a large number of people with scanty capital

On the other hand, they help other projects distribute incentives, including helping to eliminate sybils.

So, I’ll abstain

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<div class="post-metadata">

**Author:** ![AbdullahUmar](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/abdullahumar/32/5025_2.png) [@AbdullahUmar](https://forum.arbitrum.foundation/u/AbdullahUmar)\
**Post date:** [May 29, 2024, 4:38am UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/15 "2024-05-29T04:38:48Z")

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The UADP elected to Abstain on this automatic challenge Snapshot since the protocol submitted their application late–this is simply a matter of following proper procedure and does not take into consideration the contents of the STIP Bridge Challenge itself.

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<div class="post-metadata">

**Author:** ![jameskbh](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/jameskbh/32/2667_2.png) [@jameskbh](https://forum.arbitrum.foundation/u/jameskbh)\
**Post date:** [May 31, 2024, 4:39pm UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/16 "2024-05-31T16:39:07Z")

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For tracking purposes, I’m copying the reasoning given on my snapshot vote:

Reason: It is not possible to define (to me) if the users acquired where because of STIP incentives program or the protocols running their campaigns

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<div class="post-metadata">

**Author:** ![clis](https://avatars.discourse-cdn.com/v4/letter/c/f05b48/32.png) [@clis](https://forum.arbitrum.foundation/u/clis)\
**Post date:** [July 22, 2024, 9:13am UTC](https://forum.arbitrum.foundation/t/tide-protocol-stip-addendum/23804/17 "2024-07-22T09:13:09Z")

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A month ago we sent the ARB left from the first STIP to the foundation

([Arbitrum Transaction Hash (Txhash) Details | Arbiscan](https://arbiscan.io/tx/0x9a9e27fdeaeebd39f8c4372ab056687a6e9a7a0686e417f1e5dbaaf8e13cf0a8)).
