Application for Optimism Season 9 - Growth Grants

Deployment verification (required to begin M1 review): - All three Merkl campaigns live and distributing on OP Mainnet (Merkl campaign IDs provided at time of M1 claim) - Dune dashboard live and tracking all 3 pools with real-time data (pre-condition already met: https://dune.com/harystyles/optimism-liquidity-safety-net) - Public risk analysis spreadsheet linked in M1 claim report TVL targets at Week 12 (absolute pool TVL, verified on-chain): M1 TVL Targets at Week 12: 1. USDC/wstETH Baseline: $74,148 → M1 Target: $200,000 (+$125,852 growth required) Min Monthly Vol/TVL: >= 3x 2. OP/WETH Baseline: $416,445 → M1 Target: $480,000 (+$63,555 growth required) Min Monthly Vol/TVL: >= 10x (floor below current organic level of 17.5x) 3. rETH/WETH Baseline: $34,073 → M1 Target: $85,000 (+$50,927 growth required) Min Monthly Vol/TVL: >= 2x Total: $524,666 baseline → $765,000 M1 target (+$240,334 combined growth required) Note on OP/WETH Vol/TVL: Organic monthly Vol/TVL at baseline is already 17.5x. The M1 minimum of >=10x is a floor below current organic levels — we are not claiming credit for existing organic volume, only ensuring the pool maintains utilization through the first 12 weeks. M1 claim report includes: - Dune dashboard screenshot + link showing TVL at Week 12 checkpoint - Per-pool table: TVL, Vol/TVL (30-day average), cumulative LP fees - Merkl campaign IDs for independent distribution audit - Variance explanation if any pool missed a target, with corrective action

TVL targets at Week 24 (sustained at or above all targets for >= 2 consecutive weeks): M2 TVL Targets at Week 24 (sustained >= 2 consecutive weeks): 1. USDC/wstETH M1 TVL: $200,000 → M2 Target: $350,000 (+$150,000 growth M1 to M2) Min Monthly Vol/TVL: >= 5x | Cumulative LP Fees (24 weeks): >= $500 2. OP/WETH M1 TVL: $480,000 → M2 Target: $550,000 (+$70,000 growth M1 to M2) Min Monthly Vol/TVL: >= 10x | Cumulative LP Fees (24 weeks): >= $1,000 3. rETH/WETH M1 TVL: $85,000 → M2 Target: $150,000 (+$65,000 growth M1 to M2) Min Monthly Vol/TVL: >= 3x | Cumulative LP Fees (24 weeks): >= $100 Total: $765,000 (M1) → $1,050,000 (M2 target) (+$285,000 combined growth required) Total Cumulative LP Fees across 24 weeks: >= $1,600 TVL leverage at M2: - Total TVL leverage: $1,050,000 / $18,000 grant value = 58.3x - Incremental TVL leverage: $525,334 new TVL / $18,000 = 29.2x (incremental = M2 total minus baseline; this is the more meaningful metric as it reflects new liquidity attracted, not pre-existing baseline) Cumulative LP fees are actual fee income earned by LPs across the 24-week program, verifiable on-chain. These are conservative targets: OP/WETH alone is estimated to generate $13,000+ in cumulative fees based on current $242K/day organic volume trajectory at the 0.05% fee tier (5.5 months x $7.3M monthly volume x 0.05% fee). Post-M2 improvement in risk ratios: - USDC/wstETH: 417:1 to 88:1 (combined with Arcadia system: 28:1) - OP/WETH: 3.18:1 to 2.41:1 - rETH/WETH: 28.9:1 to 6.6:1 M2 claim report: same format as M1 plus post-program sustainability assessment.