[READY] [GF: Phase 1 Proposal] WardenSwap

Absolutely not. It took us significant time to go through all proposals and we voted Yes for Paraswap, dForce, Balancer-BeethovenX, Pickle Finance and Mean Finance in this round.

Most other proposals fit into one or more of the following categories

  • Too much money ask for too little value add,

  • Mostly funding internal development (better to apply for VC funds if you’re building a venture),

  • Broad proposal, little detail, bad distribution of received funds

Key guiding principles are real value-add & long-termism. That said, we are interested in quality projects joining the Optimism ecosystem as well as smaller projects and we are keen on supporting new projects and tools - if they come up with a reaonable proposal in the future. In all funding decisions, we will be risk-taking but frugal and will not vote on not spending funds that we wouldn’t spend internally.

(Here, you can read more about our core values)

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