[DRAFT] [GF: Phase 1 Proposal] Arrakis Finance

[katie]

Defi Committee A Recommendation

Voting recommendation: No

Rationale: The amount requested is high and we would like to see more traction outside of Maker vaults.

@barbarossa_Arrakis

• Note that a certain amount of the $OP token received might be used to cover transaction costs for operations on Optimism.

This sounds like it may violate the no sale rule. We would like to see this clarified.

@barbarossa_Arrakis

Please list the milestones/KPIs you expect to achieve for each initiative:
During the LM program, periodically, the number of projects onboarded, total TVL growth, and total volume growth will be monitored as KPIs to indicate the effectiveness of the LM program. The program may adjust accordingly based on the outcome of the KPIs.

These KPIs are vague. We would like to see targeted numbers and milestones for these areas listed.

Next Steps: We would like to see the amount requested lowered, clarification on whether or not it is intended to sell any tokens, and clear KPIs that include numbers and milestones to be achieved.