This is a proposal for the Arbitrum Short-Term Incentives Program, you can find the details of this specific protocol’s proposal in the forum link attached below.
The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols.
To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal.
Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form.
Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.
This is a proposal for the Arbitrum Short-Term Incentives Program, you can find the details of this specific protocol’s proposal in the forum link attached below.
The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols.
To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal.
Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form.
Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.
Minimal traction and TVL on Arbitrum
Stiff competition, just didn't make the cut, 28% of rewards going to stETH is too high and time on Arbitrum too small :-/
https://forum.arbitrum.foundation/t/arrakis-finance-final-stip-round-1/16565/29?u=itublockchain
Due to StableLab’s managerial engagement in STIP, we will abstain from each proposal to remain impartial.
Minimal traction and TVL on Arbitrum
Stiff competition, just didn't make the cut, 28% of rewards going to stETH is too high and time on Arbitrum too small :-/
https://forum.arbitrum.foundation/t/arrakis-finance-final-stip-round-1/16565/29?u=itublockchain
Due to StableLab’s managerial engagement in STIP, we will abstain from each proposal to remain impartial.