This proposal should be updated to reflect all of the sections of the Grant Proposal Template v2 since I’m noticing there are some areas missing.
Regarding the proposal itself, I think fixed rates is an important area for Optimism and DeFi. However, I’m feeling that the amount requested is a bit high given that 80% of the 500k OP tokens will be used to bootstrap Barnbridge v2 and when I look at TVL it’s at $1.1m with 34 users ((I believe the link is BarnBridge - A DeFi Risk Tokenizing Protocol but let me know if this is incorrect). Since these are early metrics for a new product, I think a smaller requested amount to prove traction and milestones would make sense.