Arbitrum DAO votes to approve draft “Funding Support for STIP Proposal”
The Snapshot page shows that the vote on the "Funding Support for Successful STIP Proposals" draft by Arbitrum DAO has ended, with a final approval rate of 67.68%. It is reported that the draft plans to increase the total budget allocation (50 million ARB) of the original STIP proposal to 71.4 million ARB, and increase the total number of participating protocols by 26, for a total of 56 sponsored projects. The proposal plans to distribute ARB held by the DAO to incentive mechanisms, while utilizing the allocation system and consensus already created in STIP 1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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