Arbitrum

Link to Application

https://forum.arbitrum.foundation/t/deltaprime-ltipp-application-draft/21938

Council - 3/4 Yes Votes

Feedback

Wintermute Feedback) DeltaPrime’s application was strong and scored will across multiple criteria. They provided detailed explanations of their goals, KPIs, and milestones. Their requested grant size is rather large, however, given their ability to use previous grants effectively and increase TVL on Avalanche reduces some of the concerns. We also like how composable the project is which will lead to a direct boost in metrics for other protocols. In contrast, we would’ve liked to have seen more data around protocol usage, user information, retention etc. We will be supporting this application.

Karel Feedback) Vote AGAINST DeltaPrime’s proposal.

Well written proposal that scored well in the rubric (team, strategy, KPIs, milestones, composability) + painted a clear picture that they understand their users well and have a good amount of insight from prior incentive programs they’ve run (re: points system). The large requested grant size relative to their activity on Arbitrum, the set goals of ~6x-ing TVL within a quarter, and lack of clarity on retention (to support their claim of TVL not flowing out of Prime Accounts for instance re: stickiness) brings pause.

Suggest they resubmit in a future grants window with a lower amount (ie. 500k ARB / $50M TVL) after showing more PMF within Arbitrum and integration of other protocols.

404 DAO Feedback) Deltaprime presented a very thorough application. Their organic metrics were quite impressive and the had strong justifications behind their grant ask. We appreciate their ability to incorporate learnings from past incentives and implement desired changes into this program. Overall, we felt the application was heavily tailored to enabling growth on Arbitrum and we will be supporting this proposal.

GMX Feedback) Based on the detailed information provided, the proposal outlines a comprehensive plan to leverage the DeltaPrime protocol to encourage growth within the Arbitrum ecosystem. The protocol has already demonstrated success on Avalanche and Arbitrum, with a track record of high TVL and user engagement. The proposed grant will further incentivize liquidity provision and borrowing activities, driving TVL growth and deepening liquidity across partner protocols. The use of milestones, speed bonuses, and retention incentives ensures user engagement and stickiness, while the multi-chain integration through the LiFi bridge enhances accessibility and attracts capital from other networks. With a robust security infrastructure, clear objectives, and well-defined KPIs, the proposal exhibits a strategic approach to achieving its goals and contributing significantly to the development of the Arbitrum ecosystem. We would approve this proposal.