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0xResearch

Unpacking the Saga 2 and Arbitrum Long Term Incentives Issues | Analyst Round Table

Jan 18, 2024
EffortCapital, Westie, and Pibblez from Blockworks Research dive into topics such as Rabby wallet's airdrop plans, EigenLayer's upcoming LST additions and restaking, AEVO's token migration, and Vitalik's thoughts on increasing Ethereum's gas limit. They also discuss the Saga phone's latest drop controversy, Cosmos Hub facing competition from Ethos's shared security offering, and Arbitrum's new long-term incentive spending proposal. Cool throne shoutouts go to Blur for navigating its token unlocks and launching its new Blast testnet.
58:25

Podcast summary created with Snipd AI

Quick takeaways

  • Arbitrum's $100 million long-term incentive program raises concerns about frivolous spending and lack of clarity on outcomes and impact.
  • The Cosmos Hub faces internal competition from Ethos, creating uncertainty for its role as a shared security provider and potentially disrupting the planned direction of the ecosystem.

Deep dives

Arbitrum's $100 Million Incentive Program Raises Concerns

Arbitrum's recently announced $100 million long-term incentive program (L-TIP) has raised concerns about frivolous spending and the lack of clear outcomes from previous incentive programs. The program aims to provide incentives to protocols, but it is seen as a deviation from the previous process that focused on understanding the effectiveness of incentives. Some believe that the spending could be better allocated, and there is a need for more clarity on the outcomes and impact of the program.

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