Thank you for applying for a grant through the Grants Council. We sit on the relevant subcommittee and had a couple questions that would help to evaluate your application.
1:
What is the current volume of this under the existing LM program (and what is the spend). If you have a couple different data points with both volume and OP spend through the lifetime of the previous grant, that would be even more helpful.
2: Continuing the discussion from [GF: Phase 0 Proposal] Rubicon:
How would you address concerns that applying for a second grant is demonstration that the first grant was not successful in creating sticky users? This request appears to be a continuation and iteration on the previous one, with only a modest reduction in spend in liquidity mining, when adjusting for time period. Why would Optimism want to continue to incentivize these pools on this protocol, given limited resources and high interest in the grants program?
Thank you!
Edit: Tagging @forrest for visibility, since they created the Phase 0 post, and hopefully this will ping them.