Bunni LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/bunni-ltipp-aplication-draft/21638

Council - 3/3 Yes Votes

Feedback

404 DAO Feedback Bunni’s current metrics are a little low, but explanations were provided along with details of why they expect retention to be better. The grant ask is minimal and properly justified. Matching of bribes is a nice component and overall team has a proven track record.

GMX Feedback The proposal from Bunni demonstrates a well-planned strategy, evidenced by their successful past incentive campaigns and ability to consistently achieve their targets. Their collaborative efforts, such as the partnership with Connext to improve bridge UX transaction time, reflect a commitment to product enhancement. Despite the small grant size, they intend to allocate a portion of the incentives to partner protocols, showcasing a collaborative approach to ecosystem growth. Bunni's protocol, which builds on UNI V3 to offer innovative tokenomics, has shown modest adoption on other chains. With Uni V4 on the horizon, having a protocol experienced in building on V3 and contributing liquidity to the ecosystem is valuable. The proposed KPIs and milestones are reasonable, further supporting the case for funding this proposal. Overall, the combination of strategic planning, collaborative ethos, and experience building on UNI V3 makes this proposal worthy of support.

Karel Feedback Vote FOR Bunni's proposal.

Decent proposal. Low metrics on Arbitrum but grant ask is minimal and a worthwhile experiment to test the waters. Bribe matching strategy and co-alignment with protocols to support cost/commitment is a fine strategy.