That’s correct, we will be building a suite of these delta-neutral products and just in general will be launching more products on optimism utilizing PERP v2 (we’re fans of the protocol).
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Bumping this, would be good to know whether we can move to next steps.
This is pretty vague, can you please expand on this?
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Sure, we would love to incentivise 1:1 rewards however because we’re a sub <1m market cap project, we have to stretch our incentives over a longer time frame than the OP incentives.
Our rewards were going to be 24-36 months, and OP was 6-12, however we have since amended the OP incentives to 12-24. Hope that makes sense?
hey wanted to check in to see where you all are at with this
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Hi @jackanorak
Thanks for following up, our application is still open. Due to market conditions we’ve not been promoting our Basis Yield ETH product since the whole market was shorting (until recently) which isn’t ideal conditions for the product.
We do have a dynamic leverage ETH product which will be launching on Optimism, most likely planned for early in the new year which we think will be an attractive product which should draw decent TVL to Optimism. We again would utilize the Optimism to incentivise this product at launch.
Would love to know if there is any further requirements or information delegates require to get support on the proposal?