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Arbitrum · closed proposal

Yearn Finance LTIPP [Post Council Feedback]

0xd333…8227·ended 2y ago·Discussion ↗
Voters
14,844
ARB voted
144.58M
≈$11.33M
Token price
$0.08

AI summary

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Voting results

For124.76M (86.3%)
Against37.18K (0.0%)
Abstain19.79M (13.7%)
144.58M ARB · ≈$11.33M · 14844 votersblock 204703063

🐳 Whale votes

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

Full proposal

Original markdown · Arbitrum

Yearn is submitting clarifications for our LTIPP proposal below. The amount 300k $ARB remains unchanged as that was not an issue based on feedback.

The original post and updated comments can also be found here: https://forum.arbitrum.foundation/t/yearn-ltipp-application-final/21528/4

Summary of feedback from votes against:

  • Incentive mechanism
    • Very little activity and TVL on Arbitrum today
  • Execution plan
    • No milestones over the 12 weeks
  • Grant Justification
    • Lack of net-new in-flows to Arbitrum

Responses:

  • Very little activity and TVL on Arbitrum today
    • Back when the $A…

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