We’re truly looking forward to get the best projects, teams on Optimism and to support new projects and innovative applications that can bring new users, liquidity or open up verticals for the Op ecosystem.
A larger project that has been around for some time, has 100s of Mio in marketcap and in assets under management, is likely to have a bigger impact in the near-term and give a better return on large co-incentives invested. On the other side, we don’t think you require millions in grant funding to launch an app and get initial traction to prove yourself - before co-incentivizing additional growth.
A comprehensive look at track record, AUM, active users, marginal value-add seems to make most sense.
These co-incentives look juicy. Hope to see a slightly adjusted proposal if you don’t get a YES this round. Good luck!