[Vela Exchange] [FINAL] [STIP - Round 1]

Thank you for submitting your proposal. Unfortunately, compared to other proposals, this one lacks detailed information. As other community members have pointed out, there is no breakdown provided under the “Social Features,” which accounts for 40% of the requested grant. The requested amount represents only 2% of the total grant pool.

Unfortunately, ITU Blockchain cannot approve the allocation of this large grant, and we vote “Against” this proposal.