[Ready] [GF: Phase 1 Proposal Cycle 6] Kromatika

[Aris]

FYI, There is also an official DeFi committee recommendation for this proposal.
Please refer it below.

[Ready] [GF: Phase 1 Proposal Cycle 6] Kromatika

Defi Committee A Recommendation Voting recommendation: Yes Rationale: This is a clear and well-thought-out plan for distribution. It is a reasonable request in size. We appreciate Kromatika taking previous feedback into consideration and revising their proposal. We are happy that the marketing allocation is going towards Optimism and would like to see a follow up on in the future. Note: Linda Xie abstained from this committee decision since there is a potential conflict of interest with 0x /…

All official DeFi A Commitee reviews for Cycle 6 can be found here:

DeFi Committee A: Season 2 Recommendations

Cycle 6 Nex Voting recommendation: No Rationale: The amount requested is too large for an early stage project. There is a slow distribution cycle, lacks incentive matching, and 450,000 of the amount requested (50%) is directed towards the project’s own liquidity. The ecosystem value proposition is not as clear for this request. Next Steps: Our recommendations for this proposal would be to lower the amount requested, advise anything being used in 2023 to be requested at a later date, and th…