For the 20% Promoting Perp DEX Ecosystem Growth (120,000 ARB), our objective is to encourage users in trying out different Perp DEX on Arbitrum so as to strengthen the diversity of the Perp DEX ecosystem. To achieve this, we will be approaching with an experimental and innovative solution, where users will be rewarded from depositing in more than 5 Perp DEX on Arbitrum with an equal share of ARB token. This amplifies the visibility of smaller-scale Perp DEX, who are offering innovative solutions to the ecosystem, thus fostering a healthy competition among protocols.
In terms of implementation, you may refer to the comment previously. We basically will be snapshotting the addresses from the selected Perp DEX LP contract address, and filter out eligible users/
All unclaimed ARB tokens will be refunded to the Arbitrum DAO given the experimental nature of the solution we suggest, so that minimal risk would be borne by the Arbitrum DAO.
We appreciate the very in-depth proposal and your contribution for the Arbitrum Short-Term Incentive Program. Even though most of the topics have been shown in detail, the part where Vaultka’s project would benefit Arbitrum ecosystem based on its growth should be discussed in detail in order to prove the excessive budget requested for a project that could still be considered on its beginning stage. We find the budget requested to be more than necessary therefore, we vote against this proposal.