[unshETH] [FINAL] [STIP - Round 1]

We appreciate the effort put into the unshETH proposal. As indicated in the grant breakdown, the proposal aims to enhance liquidity and yield, potentially attracting more users to the Arbitrum ecosystem. However, we have reservations about the requested grant size, considering its substantial amount and potential impact on Arbitrum.

After careful evaluation, we have decided to cast our ‘Against’ vote for this proposal on behalf of ITU Blockchain.