Origin Protocol LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/origin-protocol-ltipp-application-draft/21804

Council - 3/3 Yes Votes

Feedback

404 Feedback) OETH has decent traction on mainnet and as mentioned in other applications, support applications that help further LST adoption and liquidity on Arbitrum. Origin Protocol pvoided a complete application that scored well on most metrics; one thing we would’ve liked to see was better incorporation of their presented KPIs in the milestones. Overall the grant size was properly justified and we support this application.

GMX Feedback) The team has demonstrated a clear understanding of how to bootstrap liquidity and achieve growth within the Arbitrum ecosystem through targeted incentivization measures. By leveraging both ARB and their native token OGV, they aim to drive liquidity to their pools on Balancer and incentivize integrations with lending platforms like Silo, thereby facilitating the expansion of LST usage on Arbitrum. The proposed milestones are specific and achievable, with a clear timeline for execution over the 12-week grant period and We are generally supportive of Origin Protocl’s grant application. They have a proven track record in the LST sector, and out of the many LST applicants, boast one of the higher TVLs for their staked ETH offering. Helping proven players in competitive spaces should generally benefit Arbitrum.

Karel Feedback) "Vote FOR Origin Protocol's proposal.

Good proposal and impressive growth on mainnet. Driving further LST adoption on Arbitrum is necessary and will help solidify Arbitrum's competitive position in the market. Relatively simplistic grant use and would have liked to see the team address stickiness of liquidity post-LTIPP (question deleted from proposal)."