[XY Finance] [FINAL] [STIP - Round 1]

We appreciate for the XY Finance proposal. The project’s main objective as a Cross-Chain Bridge Aggregator is commendable, and its integrations across multiple chains demonstrate a significant achievement. However, we believe that the requested grant size is excessive given the scope of the project. The magnitude of the requested funds raises concerns about the proportional value it brings to the Arbitrum ecosystem.

On behalf of ITU Blockchain, we express our ‘Against’ vote for this proposal due to the excessive grant size requested.