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Arbitrum · closed proposal

Bedrock - LTIPP [Post Council Feedback]

0xd333…8227·ended 2y ago·Discussion ↗
Voters
19,588
ARB voted
133.33M
≈$10.44M
Token price
$0.08

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

For113.76M (85.3%)
Against87.67K (0.1%)
Abstain19.49M (14.6%)
133.33M ARB · ≈$10.44M · 19588 votersblock 204641654

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Full proposal

Original markdown · Arbitrum

Bedrock is submitting an amended proposal per the Clarified Process for Non-Council Recommended Applications.

In summary, Bedrock submitted a proposal to run an incentive program to encourage massive TVL growth $25m on Arbitrum, Defi integrations, and DeFi activity. 100% of the LTIPP grant will be used to incentivize users to restake on Arbitrum, provide LP into various DeFi protocols, and engage in other DeFi activities.The initial proposal did not pass the initial process by one vote with the feedback focusing on only two issues:

  • A large ask (510k ARB)
  • Too few details on how the grant …

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