[READY] [GF: Phase 1 Proposal] GYSR

Thanks for all the great feedback everyone!

We have made some significant changes to refine this proposal. Most notably:

  • lowered total grant ask to 160,000 OP
  • added more granular details to distribution plan and criteria for incentives
  • allocated a portion of the grant to fund development of a new bond sale mechanism for more permanent liquidity provision
  • added a new section on reporting and accountability plan for OP token usage (see Accountability of Phase 0/1 Funds given to projects)

More generally, we also wanted to share our latest newsletter containing a brief recap of recent protocol developments (will have another to share soon)

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