Integral LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/integral-ltipp-application-final/21693

Council - 3/4 Yes Votes

Feedback

GFX Feedback) Generally, this grant suffered from being a very large request, having milestones that appear extremely easy to meet with the size of the request. We would have preferred to see the applicant highlight something that had already worked well in the past, identified the mechanism responsible, and tailored a grant request to scaling or replicating that past success. The requested amount is simply too much for experimentation unless the plan also includes very rigorous milestones to meet in order to unlock full funding.

GMX Feedback) Integral's grant proposal outlines a comprehensive strategy to grow the liquidity on Arbitrum, focusing on enhancing the trading experience and growing platform adoption. The allocation of rewards for LPs and integration efforts with aggregators reflects a well-considered approach to incentivizing participation. The emphasis on sustainable growth, along with proactive engagement with token projects and aggregators, underscores a commitment to long-term ecosystem development. Transparent metrics tracking and milestone setting provide clarity and accountability. With Integral's track record of building highly capital-efficient products, particularly in offering the most efficient swaps, their plan to allocate funds evenly between liquidity incentives and integration support appears sound. The proposed KPIs and milestones align well with the goals of increasing liquidity and fostering ecosystem growth on Arbitrum. Integral's focus on enabling other protocols to integrate and build on top of their platform could contribute significantly to Arbitrum's growth by offering cheaper swaps, attracting more users, and reducing friction. Overall, supporting this proposal could prove to be a mutually beneficial decision for the DAO and the broader Arbitrum ecosystem.

404 Feedback)

Integral presented a strong application that highlighted their recent growth, strong execution strategy, and thorough KPIs. The milestones should have been much more robust and while the grant ask is relatively large we believe given the recent growth there is value in supporting this request so we support this application.

Karel Feedback) Vote FOR Integral's proposal.

Good proposal with very detailed justification behind grant size, and execution plan. and milestones/KPIs by week (re: LP incentives). Grant size is on the larger end in contrast to performance on Arbitrum vs. Ethereum but well justified re: capital efficiency + increased Arbitrum adoption and all in all presents a worthwhile experiment for Arbitrum to invest in scaling out. Would have liked to see more detail behind the development incentives (representing ~44% of the grant) and detail on parameters to be used to inform the 2-30k ARB incentives.