Peapods Finance LTIPP Council Recommended Proposal

Link to Application

https://forum.arbitrum.foundation/t/peapods-finance-ltipp-appplication-draft/21745

Council - 3/3 Yes Votes

Feedback

GMX Feedback) I’m generally supportive of this grant from Peapods Finance. The tokenization and capitalization of volatility is a novel offering enabled by DeFi and smart contract capabilities.

However, I do wonder about the stickiness of the users they are able to attract. Much like other DeFi exotic assets and platforms Voltz Finance for example), the depth of reach for exotic DeFi assets is still outside the real of even mainstream onchain adoption. Some more background on the growth AND maturity of their current mainnet TVL has developed so the Peapods team could give more insight into potential future prospects would be helpful in their future grant endavors

Karel feedback) "Vote FOR Peapods Finance's proposal.

Strong proposal and innovative protool. Highly composable and detailed execution plan and grant justification. Since launching, has seen decent adoption on Arbitrum and continued growth on L1. Only concern is regarding the voting mechanism re: the ""Top 5 Voted Pods"" initiative but given size, not enough to disqualify."

404 Feedback) Peapods Finance is a unique protocol with some interesting mechanisms. Overall, they scored well across the rubric due to their detailed execution plan, but lost a few points for the size of their ask and weak milestones. While their non-Arbitrum TVL is a little low, given the novelty of the protocol we believe this a protocol that can benefit the wider ARB ecosystem and may uniquely benefit from incentives. We will be supporting this application.

start

April 9, 2024

12:00 AM

end

April 16, 2024

12:00 AM

Voting

off-chain

Voting type

basic

Voters

6,529

Votes

155,405,561

Final Votes

closed

For

154.9M ARB

99.65%

Against

105.8K ARB

0.07%

Abstain

444.5K ARB

0.29%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%