Deri Protocol - LTIPP [Post Council Feedback]

Deri Protocol has updated the incentive mechanism and justification based on the council’s feedback, applying only 30% of the originally proposed grant.

Link to Application https://forum.arbitrum.foundation/t/deri-protocol-ltipp-application-final/21566

Requested Grant Size:

USD equivalent: $230,769 ARB amount: 115,385 ARB at $2

Justification

To determine the size of the grant we should request, we chose to benchmark against the current TVL increases that we’ve seen so far with our DERI incentives program. As detailed below, we expect to see at least a 250% increase in TVL heading t…