STIP Data Monitoring and Reporting - Objective 1 - DefiLlama - [DRAFT]

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0xngmi has proposed a project for the RFP - Arbitrum STIP Data Monitoring and Reporting, requesting 100,000 USD in ARB, leveraging their experience with DeFi projects on Arbitrum via DefiLlama. The community reaction is mixed, with some appreciating the cost-effectiveness and immediate availability of the solution, while others question its value and clarity, suggesting that the data is already available and the proposal only addresses a small portion of the RFQ.

What is this about?

This discussion revolves around a proposal by 0xngmi for the RFP - Arbitrum Short-Term Incentive Program (STIP) Data Monitoring and Reporting. The proposal involves tracking ecosystem metrics and sector analysis, a task they have been performing for DeFi projects on Arbitrum via DefiLlama. They are requesting a total funding of 100,000 USD in ARB for this project, citing their prior experience and readiness to deliver immediately1.

How is the community reacting?

The community's reaction to the proposal is mixed. Dk3, Peter, Aj_eth, and JoJo have expressed their support for the proposal, acknowledging DefiLlama's contributions and the cost-effectiveness of the solution2,3,4,5. However, Blueweb and Burns have raised concerns about the clarity of the proposal and the value it brings, considering the data is already available and only a small portion of the RFQ is being addressed6,8. In response to these concerns, 0xngmi has provided further details about the scope of the proposal and clarified the specific requirements of the RFQ7,9.

Why this is positive?

The proposal by 0xngmi is seen as positive by some community members due to the team's track record and the immediate availability of their solution. The proposal is also considered cost-effective compared to other solutions, and it is supported by community members who appreciate DefiLlama's contributions to the ecosystem1,2,3,4,5.

Why this is negative?

On the other hand, some community members have criticized the proposal for its lack of clarity and questioned its value. They argue that the data is already available to the ecosystem and that the proposal only addresses a small portion of the RFQ. There are also suggestions that retroactive funding might be a more suitable option6,8.

Posted 2 months ago

Last reply 2 months ago

Summary updated a month ago

Last updated 08/12 04:40