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Arbitrum DAOArbitrum DAOby0xF92F185AbD9E00F56cb11B0b709029633d1E37B40xF92F…37B4

Revest Labs LTIPP Council Recommended Proposal

Voting ended almost 2 years agoSucceeded

Link to Application

https://forum.arbitrum.foundation/t/revest-labs-ltipp-application-draft/22028

Council - 3/3 Yes Votes

Feedback

GFX Feedback) This proposal is relatively straightforward, putting traditional incentives on a new module of an existing project. The risk-reward is favorable and worth giving a grant, and the goals are both easy to understand and easy to measure.

GMX Feedback) Revest's application has the potential to offer utility to Real World Assets (RWAs) on Arbitrum, potentially acting as a catalyst for the ecosystem's growth. The budget and grant size demonstrate careful consideration and efficiency in capital allocation. Their execution strategy is transparent and aims to incentivize users to lock liquidity into Resonate RWA contracts. We endorse Revest's application.

Karel Feedback) "Vote FOR Revest Lab's proposal.

Strong proposal with a detailed execution plan, proven team, and milestones / KPIs informed by prior activity. Grant size is more than reasonable and supports improved Arbitrum positioning re: RWAs on chain. Support!"

Off-Chain Vote

For
151.21M ARB99.6%
Against
59.13K ARB0%
Abstain
594.03K ARB0.4%
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Discussion

Arbitrum DAORevest Labs LTIPP Council Recommended Proposal

Timeline

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