[REVIEW] [GF: Phase 1 Proposal] Tarot

ARCHIVED & OLD Missions Governance Fund: Phase 1
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Moving this proposal to REVIEW status ahead of Voting Cycle #6, Week 2, as per OPerating Manual v0.2.0.

Summary of Incorporated Feedback

Since the introduction of this proposal in July, the following updates have been incorporated in response to community feedback:

  1. Matching TAROT Co-Incentives: A Tarot DAO governance proposal, TIP-018: Tarot Co-Incentivization on Optimism, was adopted to allocate 3,000,000 TAROT over a 12-month period towards Optimism incentives.

  2. Expanded Distribution: The distribution of OP token incentives for liquidity providers was expanded to include all TAROT-based pairs, over a longer period (12-16 months).

  3. Initial OP-TAROT Liquidity: A portion of the OP incentives (60,000 OP) will be paired with team-held TAROT and provided as initial liquidity on Optimism for a period of at least 12 months.

  4. Optimism Metrics: Usage metrics have been expanded to include transaction counts for Tarot’s router and vault contracts on Optimism.

  5. Updated V2 Template: The proposal has been updated to conform with the updated V2 proposal template. Further details provided include: distribution milestones, an explanation for how Tarot will incentivize usage and liquidity on Optimism, and how the development of future products and yield opportunities on Optimism will continue after incentives have concluded.

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