Copra LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/copra-ltipp-application-draft/21628

Council - 3/3 Yes Votes

Feedback

404 DAO Feedback Copra’s gated usage has made it difficult to judge the traction of their product and while we scored it average, there product is unique and the overall execution plan was properly detailed. Overall, we felt the grant ask was fair for a new primitive around leveraging corporate bond instruments on chain and due to its small amount we have decided to support it.

Karel Feedback Vote FOR Copra's proposal.

Good proposal (team, novel product, execution plan). Limited traction but interesting early signs however given the requested grant ask, it's a worthwhile experiment for the DAO to support and provide with the potential for them to achieve their target metrics. Look forward to seeing the V2 audit + bug bounty program in place.

We will be supporting this application.

GFX Feedback Copra offers a use case not readily available on other chains, and has requested a relatively small amount that is appropriate for new experiments and protocols. The initial launch appears to have gone well, and the goals and execution plan are clearly defined. We recommend approving this grant.