CVI.Finance - LTIPP [Post Council Feedback]

Following the initial feedback of LTIPP Council, CVI would like to re-submit its LTIPP application. The full proposal can be found here: https://forum.arbitrum.foundation/t/cvi-ltipp-application-final/21947

Request: 125,000 $ARB (Reduced from 250,000 $ARB)

Summary:

CVI.Finance has revised their LTIPP grant proposal based on comprehensive feedback from the Arbitrum Council. In their commitment to align with Arbitrum's expectations and ecosystem, they significantly reduced their initial grant request by 50% and refined their strategic objectives to enhance trading excellence, market stability, and widespread engagement within the ecosystem.

Key Adjustments:

Grant Size Reduction: From 250,000 $ARB to 125,000 $ARB to address council concerns about the original grant size and ensure responsible allocation of resources.

Focused Objectives:

Trading Excellence and Activity: Allocating 40,000 $ARB to boost trading via competitions.
Liquidity and Market Stability: Enhancing liquidity with a targeted 40,000 $ARB, focusing on a tiered incentive structure adjusted to the current $ARB price. This includes incentives for reaching up to $2M TVL.
Trading Engagement: Increasing trading engagement through raffles and rebates totaling 45,000 $ARB.

Council Feedback Response:

Addressed Wintermute’s concerns on grant justification by halving the request and detailing fund distribution.
Integrated GMX’s suggestions for clearer grant size justification and a phased funding approach.
Responded to Karel’s feedback by ensuring milestones are based on tangible, proven results.

Conclusion:

CVI’s revised proposal aligns closely with Arbitrum’s goals for growth and innovation. By scaling down the request and focusing on key performance metrics, CVI is committed to demonstrating the value and effectiveness of the project within the ecosystem.

start

April 25, 2024

7:49 AM

end

May 2, 2024

7:49 AM

Voting

off-chain

Voting type

single-choice

Voters

19,993

Votes

134,063,758

Final Votes

closed

For

57.1M ARB

42.61%

Against

10.8M ARB

8.02%

Abstain

66.2M ARB

49.37%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

Lorem ipsum dolor sit amet

Lorem ipsum dolor sit amet consectetur adipisicing elit. Veniam maxime tenetur saepe, debitis quae quos vitae cum obcaecati recusandae suscipit magni delectus sit animi quam veritatis aut, numquam illo voluptatem! Lorem ipsum dolor sit amet consectetur adipisicing elit. Veniam maxime tenetur saepe, debitis quae quos vitae cum obcaecati recusandae suscipit magni delectus sit animi quam veritatis aut, numquam illo voluptatem!

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%