The primary objective of the grant is to enhance sticky liquidity attraction in GMX GM farms at Rodeo. By increasing incentives, we aim to position Rodeo as a leading destination for farming GM pools on Arbitrum. This is achieved by layering additional incentives on top of the already capital-efficient farms, augmented by offering up to 10x leverage in these GM pools. Users benefit from access to additional capital, GMX benefits through deeper liquidity, and Rodeo benefits through more volume (fees).

The core value of Rodeo Finance lies in its ability to seamlessly blend leverage yield farming and passive lending, while maintaining a high level of composability. This combination allows users to optimize their real yields, while driving liquidity (and thus fees) to GMX. By presenting this experience in a simple manner, Rodeo is able to onboard new users from a single UI/UX to participate across multiple Arbitrum protocols