Kwenta x Perennial: Arbitrum Onboarding Incentives

📡 Protocol
Our Vote
For
Type of Vote
Off-chain
Rationale

We vote FOR the proposal while we recognize controversial perspectives around this one-off incentives request, but as it can be considered as a great opportunity for the Arbitrum ecosystem to grow, we would like to approve this funding as we voted for the Curve proposal. We also appreciate all the efforts to address the feedback from the delegates and modify the proposal to the ideal state of it under the DAO’s framework (LTIPP). Our concern is around how the protocol can retain users after the incentives program end. Eventually, we should see how it turns out, but we are particularly looking forward to their committed developments for the Arbitrum native products and ongoing treatments to achieve the success of their multi-chain strategy.

Vote Date
May 30, 2024