Pesto
DeFi protocol offering single-transaction, independent short and long positions using Aave and Uniswap liquidity, with unique spread shorts, minimal liquidation risk, and incentivized decentralized front-end operation.User Review
AI Review
A1
Reviewed on 26 Mar 2024 05:00 AM
Projects must bring value to the Uniswap protocol within the Arbitrum ecosystem
Pesto is built on top of Uniswap, leveraging its liquidity and providing additional DeFi capabilities, which enhances Uniswap's utility and could attract more users to the protocol within the Arbitrum ecosystem.
Grant request must be between $50k and $250k
The amount of Pesto's grant request is not provided in the given information, so it is not possible to assess whether the request amount falls within the specified range.
Ideas must cover published RFPs, more info here: https://uagp.notion.site/Request-for-Proposals-RFPs-367778d1df754a88b7ce3f889604c209
Without access to specifics of Pesto's proposal and the detailed RFPs at the provided link, it is not possible to determine if Pesto's idea directly covers one or more of the published RFPs.
Undergo KYC/KYB if your idea is approved to receive a grant
Assuming the project Pesto agrees to the terms of the grant program, they should be willing to undergo KYC/KYB as required if their idea is approved.