[READY] [GF: Phase 1 Proposal] dHEDGE

Voting Yes as the proposal is well-aligned with Optimism & we like the thought put into sticky incentives.

Value-add: Okay
Amount: High
Op distribution: Okay-Good
Co-incentives: Good

We have to echo that the amount requested is rather high and the incentivization of DHT purchases is not our preferred choice. However, we reluctantly voted Yes on basic liquidity mining proposals from other projects that can potentially move over first users and liquidity to Optimism and we believe your incentive design can indeed be more sticky, integral and advantageous to the broader ecosystem.

We’ve been early users on dHedge and basically been waiting for your Optimism deployment after the crippling effects of Eth gas costs on your adoption (Adjusting positions was impossible due to expensive SNX contracts). If this proposal doesn’t pass in its current shape, we look forward to a slightly adjusted proposal. With your current product & the growth plans in your early-days, we are confident that many incentive designs can help dHedge and Optimism accrue sticky liquidity and onboard users; a.o.t

  • specific pool incentives
  • liquidity with main trading tokens (e.g. incl. ETH or OP) + arbitrage opps
  • (reactivation of) trading competitions & top investors
  • builder incentives (e.g. integrate certain pools in new projects or meta investment apps)
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