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Arbitrum · closed proposal
Mountain Protocol LTIPP Council Recommended Proposal
Voters
6,038
ARB voted
126.10M
≈$9.88M
Token price
$0.08
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
For88.84M (70.5%)
Against36.18M (28.7%)
Abstain1.07M (0.9%)
126.10M ARB · ≈$9.88M · 6038 votersblock 199007914
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Arbitrum
Link to Application
https://forum.arbitrum.foundation/t/mountain-protocol-ltipp-application-draft/22064
Council - 3/5 Yes Votes
Feedback
Wintermute Feedback) Mountain Protocol’s grant request was rather large given the adoption of USDM. While the protocol has strong TVL on Ethereum mainnet, there is very little traction on other chain deployments. This is further confirmed by daily transfers, daily volume, and total USDM holders. Thus, given the lack of holders on Ethereum and other chains, we also expect incentives to land in a concentrated number of wallets.
Goals, milestone…
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