# Optimism Grant and Growth Proposal

**URL:** <https://gov.velora.xyz/t/optimism-grant-and-growth-proposal/917>\
**Category:** Research and Discussion\
**Created:** [June 1, 2022, 8:31pm UTC](https://gov.velora.xyz/t/optimism-grant-and-growth-proposal/917 "2022-06-01T20:31:53Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![0xYtocin](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/0xytocin/32/77_2.png) [@0xYtocin](https://gov.velora.xyz/u/0xYtocin)\
**Post date:** [June 1, 2022, 8:31pm UTC](https://gov.velora.xyz/t/optimism-grant-and-growth-proposal/917/1 "2022-06-01T20:31:53Z")

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As most of you are aware, Optimism has recently released its own governance token, as well as growth funding releases to support the ecosystem. As ParaSwap is deploying on Optimism soon, I submitted this proposal onto their forums:

> **[\[GF: Phase 1 Proposal\] ParaSwap](https://gov.optimism.io/t/gf-phase-1-proposal-paraswap/2228)**
>
> \[GF: Phase 1 Proposal\] Incentive Proposal Template Project Name: ParaSwap Author Name: Oxytocin Number of OP tokens requested: 350 000 L2 Recipient Address: Multi-Sig TBD Relevant Usage Metrics: (TVL, transactions, volume, unique addresses,...

The proposal has three objectives:

- Fund grants for apps/dApps that use ParaSwap and Optimism
- Reward DexLib integrations done on Optimism
- Provide liquidity for a pool with PSP, allowing for a kickstart of liquidity and ability to deploy DAO initiatives there.

Were this proposal to pass, a proposal will have to pass here to match the $OP provided with PSP.

What are your thoughts? Are there any other ways we could incentivise ParaSwap on the Optimism ecosystem?

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**Author:** ![hamid1244](https://avatars.discourse-cdn.com/v4/letter/h/a698b9/32.png) [@hamid1244](https://gov.velora.xyz/u/hamid1244)\
**Post date:** [June 6, 2022, 10:32am UTC](https://gov.velora.xyz/t/optimism-grant-and-growth-proposal/917/2 "2022-06-06T10:32:21Z")

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very good  
It will be a good and exciting event, we need to make more progress
