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Arbitrum · closed proposal

Hop LTIPP Council Recommended Proposal

0x1B68…eeaD·ended 2y ago·Discussion ↗
Voters
5,672
ARB voted
133.67M
≈$10.47M
Token price
$0.08

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

For94.28M (70.5%)
Against10.33M (7.7%)
Abstain29.06M (21.7%)
133.67M ARB · ≈$10.47M · 5672 votersblock 198984302

🐳 Whale votes

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

Full proposal

Original markdown · Arbitrum

Link to Application

https://forum.arbitrum.foundation/t/hop-protocol-ltipp-application-draft/21830

Council - 3/4 Yes Votes

Feedback

Wintermute Feedback)

Hop’s application was great and scored well across a range of criteria. They have an excellent reputation and strong usage statistics. They provided clear milestones, KPIs, and goals, and provided sufficient justification for their grant size. Our main concern is with the overall distribution mechanism and cost to the DAO. We would’ve liked to see a justification of TVL target based on user cohort trade size which would inform…

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