Revest Labs LTIPP Council Recommended Proposal
Link to Application
https://forum.arbitrum.foundation/t/revest-labs-ltipp-application-draft/22028
Council - 3/3 Yes Votes
Feedback
GFX Feedback) This proposal is relatively straightforward, putting traditional incentives on a new module of an existing project. The risk-reward is favorable and worth giving a grant, and the goals are both easy to understand and easy to measure.
GMX Feedback) Revest’s application has the potential to offer utility to Real World Assets (RWAs) on Arbitrum, potentially acting as a catalyst for the ecosystem’s growth. The budget and grant size demonstrate careful consideration and efficiency in capital allocation. Their execution strategy is transparent and aims to incentivize users to lock liquidity into Resonate RWA contracts. We endorse Revest’s application.
Karel Feedback) "Vote FOR Revest Lab’s proposal.
Strong proposal with a detailed execution plan, proven team, and milestones / KPIs informed by prior activity. Grant size is more than reasonable and supports improved Arbitrum positioning re: RWAs on chain. Support!"
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x0eB5...347576 | 20.389M | For |
 0xF4B0...91D8fA | 18.118M | For |
 0x1B68...88eeaD | 16.204M | For |
 0x11cd...3e3A8F | 15.165M | For |
 0xF92F...1E37B4 | 12.645M | For |
VOTE POWER
Proposal Status
- Tue April 09 2024, 12:00 amVoting Period Starts
- Tue April 16 2024, 12:00 amEnd Voting Period
Current Results
1-For
151.211M
2-Abstain
594,031.86
3-Against
59,127.387