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Arbitrum DAOArbitrum DAOby0x1B686eE8E31c5959D9F5BBd8122a58682788eeaDL2BEAT

Layer3 LTIPP Council Recommended Proposal

Voting ended almost 2 years agoSucceeded

Link to Application

https://forum.arbitrum.foundation/t/layer3-ltipp-application-draft/21774

Council - 3/3 Yes Votes

Feedback

404 DAO Feedback) Layer3 presented an excellent application that was not only very thorough and supported by verifiable data, it was also concise in most areas and formatted in a way that made it easy to digest the information. The team has a strong track record and the product has great usage metrics. Quests are great way to drive retention and onboard new users. Their milestones are clear and specifically target increasing users & activity on Arbitrum. We have them a 1 for sybil resistance as the only prevention methods we saw were using the Farcaster social graph to determine genuine/active users - but this is a great idea and we are excited to see more use of the Farcaster graph within Arbitrum.

Wintermute Feedback) Layer3’s application was very strong. They presented thorough and clear KPIs, milestones, and objectives. Their value proposition to Arbitrum is clear with extensive historical data to support their requested grant size. We appreciate their efforts to target higher quality users and reduce Sybil activity.

The product is extremely composable and the application targets a wide variety of protocols on Arbitrum. Furthermore, it provides great value to projects looking to outsource user acquisition.

Karel Feedback) "Vote FOR Layer3's proposal.

Strong proposal across all dimensions and showcased a solid plan to execute and distribute incentives. Product has shown solid PMF and adoption across projects and ecosystems. Good execution and milestone design, though believe main points off come from: further sybil/bot protection mechanisms and brinigng more data on-chain. Would be interesting to see a path towards data attestation and verifiability as part of the product."

Off-Chain Vote

For
168.82M ARB99.7%
Against
94.17K ARB0.1%
Abstain
396.22K ARB0.2%
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Discussion

Arbitrum DAOLayer3 LTIPP Council Recommended Proposal

Timeline

Apr 08, 2024Proposal created
Apr 09, 2024Proposal vote started
Apr 16, 2024Proposal vote ended
Mar 10, 2026Proposal updated