Fungi Protocol

Fungi Protocol

Modular on-chain asset management protocol using ERC-2535 for dApps in investing, indexes, and automated strategies, initially targeting the LATAM market.
Application
Applied on: 15 Dec 2023 09:29 PM
Approved
User Review
AI Review
A1
Reviewed on 19 Feb 2024 02:55 PM
Provide evaluations strictly in a JSON format, with each criteria scored as 'Yes,' 'No,' or 'Uncertain,' and include a brief reason for each score.
The evaluation was requested in a JSON format, but the user provided details that were not structured according to the specific eligibility criteria for the 'GMX DAO Grants'.
GMX’s proposal under the S.T.I.P. program was accepted by the Arbitrum DAO.
There is no information provided that the Fungi Protocol is directly related to or involved with GMX's proposal under the S.T.I.P. program or its acceptance by the Arbitrum DAO.
12 million $ARB tokens are being used as incentives to support the joint growth of GMX V2 and the Arbitrum DeFi ecosystem.
There is insufficient information to determine whether the Fungi Protocol will contribute to the joint growth of GMX V2 and the Arbitrum DeFi ecosystem or if it is eligible for $ARB token incentives.
Liquidity Incentives are now live on all the GM liquidity pools of GMX V2.
The project description does not indicate whether Fungi Protocol integrates with or contributes to the liquidity of GMX V2 liquidity pools.
Trading Incentives are live for all GMX V2 markets: traders receive a rebate of up to 75% of all trading fees on opening & closing positions.
The evaluation does not clarify whether Fungi Protocol facilitates or is involved in the trading within all GMX V2 markets to qualify for trading incentives.