Perpetual Protocol: Optimism Governance's First Failure

This is incorrect. Unsure where the 44m number came from but given the construction of how the vAMM works this is definitely not the case. A lot of discussion has been had around this in discord so it’s interesting you’re only trying to pull a random headline number.

Additionally, I’m unsure why this is put here other than trying to paint this entire airdrop in negative light.

As per the outline this was distributed to the grants DAO. What they do with the funding is up to them but all projects that are funded via this mechanism is for the benefit of OP. How they manage funds is up to them and at their discretion

Unsure where you got these from but these are massive assumptions and wild accusations. The same can be said of the thread linked.

Again this is false and unsure why you aren’t painting the whole picture - volatility has meant that liquidity across the board has decreased. What you doing here is simply finding some data to support a point you’ve made up. If you see defillama TVL it actually stabilised after the large amounts of volatility in May

Final point I’d like to make is if you have ever followed what we’ve done we’ve been very consistent in how we do things with regards to rewards - we constantly test, see what works and double down on what works. For items that don’t work we stop it so we don’t waste tokens. We have applied this methodology to PERP and will continue to do so for OP tokens.

I’d be happy to have a solid discussion but it seems that this post is purely around creating FUD with no data to back anything up and drawing points out of thin air.

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