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Arbitrum DAO launches a draft vote to provide financial support for STIP proposals and plans to increase the budget to 71.4 million ARBs
2023-11-08 01:41
Odaily News Snapshot page shows that Arbitrum DAO is voting on the draft to provide financial support for successful STIP proposals. The current support rate is 94.71%, and the voting will end on November 14. The draft proposes to increase the total allocation budget of the original STIP proposal (50 million ARBs) to 71.4 million ARBs, and at the same time increase the total number of participating agreements by 26, for a total of 56 funded projects. The proposal plans to allocate the ARB held by the DAO to the incentive mechanism, while utilizing the distribution system, consensus, etc. already created in STIP 1.