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Arbitrum · closed proposal
Sperax LTIPP Council Recommended Proposal
Voters
5,140
ARB voted
149.87M
≈$11.74M
Token price
$0.08
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
For148.80M (99.3%)
Against126.08K (0.1%)
Abstain944.54K (0.6%)
149.87M ARB · ≈$11.74M · 5140 votersblock 198946758
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Arbitrum
Link to Application
https://forum.arbitrum.foundation/t/sperax-ltipp-application-draft/21728
Council - 3/3 Yes Votes
Feedback
Wintermute Feedback) Sperax’s application was solid and scored well in several areas. They have a long history of working on Arbitrum and their products are highly composable and provide value to other Arbitrum protocols. Their goals, milestones, and KPIs are clear with sufficient justification of their grant size. Our main concern is that there is a lack of protocol demand and there has not been sufficient growth despite SPA incentives. We would’ve also…
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