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Arbitrum · closed proposal
Connext - LTIPP [Post Council Feedback]
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% VPNo 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…
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