Thanks for your proposal.
Happy to see Arrakis on Optimism and kickstart a healthy ecosystem around Uni v3.
We didn’t see protocol metrics in regards to Optimism but checked DefiLLama & your website and saw some traction throughput 2022.
- Do you still collaborate with Lyra, Thales etc.?
- Why did your TVL on Optimism go down? Did your focus shift back to Ethereum l1?
The amount requested could be fair for a 6 month liquidity mining campaign considering your current success as top uni v3 LM manager. However, this proposal looks a bit like a blank cheque with missing details on specific pairs, amounts per project, etc. which makes it hard to support in its current shape.
Do you already have an idea for specific projects that you’d like to help with concentrated LM?
Protocol owned liquidity is much more sustainable than liquidity incentives for end-users.
On one side, we believe the idea of governance participation is interesting but, on the other side, we do not yet see the connection to Optimism governance participation and further distribution to end-users. This sounds a bit like an unnecessary airdrop to parties that might not care?
Consequently, don’t you think it would be better for Optimism to loan Op to Arrakis & projects to establish liquidity but ultimately get it back?
Kickstarting things should be the optimal use for Op tokens - whether lent or invested.
Overall, interesting proposal but hope to get a bit more details.