Compound LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/compound-ltipp-application-draft/21923

Council - 3/3 Yes Votes

Feedback

404 DAO Feedback Despite a larger ask, we are supporting this application as Compound presented a very clear execution plan along with proper milestones and KPIs. As one of the oldest DeFi projects there is extensive data on protocol usage and their previous incentivization programs have proved to be successful. Overall, we are confident that this is a good use of LTIPP funds and will likely drive additional large users and TVL to Arbitrum.

Wintermute Feedback Compound’s application was strong across most criteria. They presented a strong understanding of their overall vision, goals, and benefits that this will bring to Arbitrum. While we would’ve liked to see more assets listed before incentives start, there is already a solid amount of demand for the protocol on Arbitrum. We think Compound’s integration with CEX’s, existing Whale userbase on Mainnet, and overall TVL is an important value proposition for the Arbitrum community.

They provided sufficient justification for their request grant size (although on the larger end) and their incentive design targeted more valuable and longer-lasting users.

We will be supporting this application.

Karel Feedback

Vote FOR Compound's proposal.

Strong proposal across different parameters with a slightly high but fair final ARB ask. Good traction on Arbitrum to-date and believe the appropriate mechanisms are in-place to attract liquidity and drive users from Ethereum L1 to Arbitrum One