There might be arguments suggesting that Arbitrum’s incentives are primarily targeted towards its native applications, making it difficult for applications like Aave, Lido, and Curve to receive rewards even if they were to apply.
The reality is that many non-native Arbitrum projects were also included, such as Pendle, Frax, Silo, Abracadabra, Angle, and Balancer. Similar to Aave, their primary business operations are on Ethereum. Moreover, both their funding and user base on Arbitrum are significantly lower than Aave’s. The fact is that Aave was severely unprepared for this application, resulting in missing out on a budget worth at least several hundred thousand dollars’ worth of ARB.
The failure of Lido and Curve’s applications was not due to them not being native applications on Arbitrum but rather the arrogance and inadequacy of their proposal. We are not disallowing ACI from making mistakes, but the lack of accountability and failure to evaluate the reasons for this significant error by all governing representatives is a dangerous signal for an open community like Aave.