← Back to Arbitrum
Arbitrum · closed proposal

Connext - LTIPP [Post Council Feedback]

0xd333…8227·ended 2y ago·Discussion ↗
Voters
62,029
ARB voted
146.21M
≈$11.45M
Token price
$0.08

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

For125.98M (86.2%)
Against1.47M (1.0%)
Abstain18.76M (12.8%)
146.21M ARB · ≈$11.45M · 62029 votersblock 204308407

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

Following the initial feedback of LTIPP Council, Connext would like to re-submit its LTIPP application.

The full proposal can be found here: https://forum.arbitrum.foundation/t/connext-ltipp-application-final/21579/8

The council feedback could be summarized as:

  • Incentives should go more towards users
  • Lack of benchmarking with other bridging projects to justify LP requests

Key facts about Connext:

  • Connext is positioned as a B2B2C protocol, serving apps (and indirectly their users). The protocol has experienced tremendous growth with innovations like its Restaking from Anywhere mo…

📚 Similar past proposals

Finding similar proposals…