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.
changed from FOR to abstain. The reduced amount is not valid and it would still use 7m of the budget. Its not the right way to approach STIP
They have agreed to reduce the ask to 4.5 M which is way more reasonable. I'm skeptical of trading incentives but they are a great product!
Request decreased significantly after feedback. Much easier to support now.
https://forum.arbitrum.foundation/t/gains-network-final-stip-round-1/17422/83?u=itublockchain
Due to StableLab’s managerial engagement in STIP, we will abstain from each proposal to remain impartial.
changed from FOR to abstain. The reduced amount is not valid and it would still use 7m of the budget. Its not the right way to approach STIP
They have agreed to reduce the ask to 4.5 M which is way more reasonable. I'm skeptical of trading incentives but they are a great product!
Request decreased significantly after feedback. Much easier to support now.
https://forum.arbitrum.foundation/t/gains-network-final-stip-round-1/17422/83?u=itublockchain
Due to StableLab’s managerial engagement in STIP, we will abstain from each proposal to remain impartial.
