This proposal fits into Gov Fund Phase 1 but it’s very one-sided towards Beefy: Voting No
Value-add: Okay (Vault incentivization, project size)
Amount: High
Op distribution: Okayish-Bad
Co-incentives: None
This funding round’s goal is primarily in increasing liquidity and users on Optimism. Beefy has users and some liquidity on other chains. The current proposal would incentivize users to add funds to Beefy vaults but the value for Optimism is questionable. No matchfunding can be okay (especially for small funding, not this amount) but we’d at least expect more diverse, long-term, sustainable distribution of funds to value-adding ecosystem members. Looking forward to an improved proposal in another Phase.