# \[REVIEW\] \[GF: Phase 1, Voting Cycle 7\] Overtime Markets **URL:** \ **Category:** Governance Fund: Phase 1\ **Tags:** cycle-7\ **Created:** [September 29, 2022, 9:26am UTC](https://gov.optimism.io/t/review-gf-phase-1-voting-cycle-7-overtime-markets/3579 "2022-09-29T09:26:57Z")\ **Posts on this page:** 1\ **Showing post:** 29
**Author:** ![jackanorak](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/jackanorak/32/1633_2.png) [@jackanorak](https://gov.optimism.io/u/jackanorak)\ **Post date:** [October 12, 2022, 5:41pm UTC](https://gov.optimism.io/t/review-gf-phase-1-voting-cycle-7-overtime-markets/3579/29 "2022-10-12T17:41:49Z")
The [defi shadow committee](https://gov.optimism.io/t/defi-shadow-committee-b-season-2-recommendations/3549) – **which is not an official committee** – [supports this proposal](https://gov.optimism.io/t/defi-shadow-committee-b-season-2-recommendations/3549/13). We support the proposal and respect their path to growth on Optimism. The dual-pronged approach of fee rebates and direct marketing campaigns are likely highly catalytic for user growth on Optimism — and this would be a different user segment than typical market-dependent defi users and crypto speculators. Overtime Markets has a unique value proposition for Optimism and stands apart from crypto-native DeFi protocols. With these fee rebates, we believe they ought be able to better compete with centralized offerings and continue the growth they’ve seen over the last 2 months since launch. We thank @Red for following up on our inquiries into this question and think Overtime have made a strong case. We think there is an information gap that Overtime could meet by reporting more of their expected go-to-market strategy, but now is the time to give them an opportunity to jump ahead of the pack. --- _[View the full topic](https://gov.optimism.io/t/review-gf-phase-1-voting-cycle-7-overtime-markets/3579)._