The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We’re voting FOR the proposal.
We feel like Celo has big enough TVL and deep enough liquidity to justify an onboarding package of the requested size. Uniswap’s growth on Celo has been substantial during 2024 and we hope the incentives will help solidify that growth even more.
In addition, the $500,000 of CELO incentives to be contributed by the Stabila Foundation to amplify the incentives’ effect make the proposal even more appealing and, to us, demonstrates a commitment to the successful use of the funds.