Arbitrum

Link to Application

https://forum.arbitrum.foundation/t/across-protocol-ltipp-application-draft/21657

Council - 3/3 Yes Votes

Feedback

GFX Feedback We greatly appreciated how this took data from a previous success story and sought to replicate it! That’s what allows for large grants requests. The main weakness of this grant plan was a lack of deliverables promised that can help hold the grantee accountable - there are not explicit targets to hit in terms of traffic or other metrics. All other areas were strong, however. We recommend this grant be approved.

404 DAO Feedback Across has seen impressive usage since its launch and we are excited to bring an incentive program that was successful to Arbitrum. Execution strategy was clearly presented and there was extensive data to backup their plan. As GFX mentioned too, the only weakness in their application was the absence of trackable milestones that targeted hitting their presented KPIs.

GMX Feedback The team background is solid, with a history of successfully building projects and a deep understanding of incentive mechanisms. They have demonstrated the ability to attract organic traffic and retain users even after the conclusion of incentive programs, indicating a strong grasp of sustainable growth strategies. Their well-thought-out plan for utilizing incentives further strengthens our confidence in their proposal. Additionally, in line with successful grants related to bridging, Across protocol aims to incentivize users to bridge to Arbitrum by covering 95% of the fees associated with the bridging process. This approach recognizes the importance of bridge partners as the entry point for users into the Arbitrum ecosystem. The proposed allocation of 1 million ARB aligns with past bridge incentives and is expected to significantly reduce friction for users, thereby facilitating broader adoption. Overall, considering the team’s expertise and the strategic importance of incentivizing bridge usage, we are inclined to support this proposal.