Sushi - LTIPP [Post Council Feedback]

Summary Sushi is submitting an amended proposal per the Clarified Process for Non-Council Recommended Applications.

This proposal aimed to allocate 100% of the LTIPP grant to the onboard new LP’s to arbitrum and Incentive Liquidity Provision on sushi

The full proposal can be found here: https://forum.arbitrum.foundation/t/sushi-ltipp-application-final/21567?u=sushi New Proposal : https://forum.arbitrum.foundation/t/sushi-ltipp-application-final/21567/20?u=sushi Request : 650K ARB (Reduced From 1.2M ARB)

Summary :

SushiSwap has fine-tuned their LTIPP grant proposal following extensive input from the Arbitrum Council. In their dedication to harmonize with Arbitrum's standards and community, sushi has slashed the initial grant request by half and sharpened their strategic goals to onboard new liquidity Provision on arbitrum

Key Adjustments:

Grant Size Reduction: From 1,200,000 $ARB to 650,000 $ARB to address council concerns about the original grant size and ensure responsible allocation of resources.

Focused Objectives:

Liquidity Mining for Blue chip v3 Pairs - 250K ARB

• Launching a Liquidity Mining Campaign to attract additional blue-chip liquidity to the V3 Pools, enhancing trading efficiency and minimizing slippage.
• Initiating a Liquidity Mining Campaign to onboard and bolster the LRT Pairs on Arbitrum.

Liquidity Mining for New Token V3 Pairs - 250K ARB

• Bringing new protocols onto Arbitrum and establishing a liquidity incentive campaign on Sushi.
• Promoting the adoption of tokens/liquidity pools on Arbitrum by enticing protocols from diverse ecosystems.

Liquidity Mining Incentive via ecosystem protocols - 150K

Mainly concentrated on attracting new liquidity, boosting trading volumes, and adding new users to Sushi through the LPDFI narrative.

Conclusion:

The revamped proposal from Sushi closely aligns with Arbitrum's vision for growth and pioneering advancements. Through a reduction in the requested amount and a concentrated focus on essential performance benchmarks, Sushi reaffirms its commitment to illustrating the project's value and impact within the ecosystem