Thanks for the recommendation we will incorporate where needed. The grant allocation is carefully evaluated based on the historical stats and divided into multiple categories to maximize the effect that align with the goal of Arbitrum DAO
Regarding WOOFi Pro, the v1 mainnet of this product has been running on Near for a year. So this is a new iteration we decided to pivot to the EVM ecosystem. with the mainnet approaching rapidly, the incentives will allow us to position WOOFi Pro as an Arbitrum native product and to aid in all logistical problems hindering that feasibility. Incentives allocated there are completely aligned with greatering the Arbitrum on-chain experience and navigating the waters of CeFi <> DeFi. If successful, Arbitrum sits to onboard countless CEX traders onto a more onchain lifestyle built on top of Arbitrum. That being said, incentive allocation for WOOFi Pro is only 20% of total request and it is such a massive product.
And to some of your other concerns,
80% of WOOFi swap fees is distributed to WOOFi stakers and the rest is either given to WOOFi broker or WOOFi’s own treasury (non-broker flow) which was clearly said in our docs.
- Lack of data on how much of WOOFi’s total revenue comes from swap fees
WOOFi Earn is an integral part of WOOFi’s liquidity, it has been part of Arbitrum ecosystem since it’s launched and providing Arbitrum users with one of the best single-sided yield farming opportunities on major assets.
focus less on WOOFi Earn, which is not yet fully part of the Arbitrum ecosystem.