Arbitrum's Forward-Thinking Incentive Strategy: Igniting Growth and Innovation.
Recently, a proposal was submitted on the Arbitrum community forum with the goal of efficiently allocating 75 million ARB rewards from the DAO treasury to address short-term community needs and support the protocol.
This forward-thinking program is designed to undergo a streamlined two-round voting process, comprising a financial proposal and an application process.
In the financial proposal, 75 million ARBs will be allocated to designated multi-signature addresses as outlined in the plan. An additional 37,000 ARBs will be directed towards bolstering the operating budget for community and project promotion.
The program's primary objectives are centered around catalyzing the growth of the network and its ecosystem. To achieve this, it plans to rapidly incentivize Arbitrum dApps, thereby fostering the network's expansion.
Furthermore, the initiative is committed to exploring innovative incentive grants. It aims to discover novel strategies that not only enhance user engagement but also drive up transaction volumes and bolster liquidity within the Arbitrum ecosystem.
An equally vital aspect of this endeavor is the quest for groundbreaking grant and developer support mechanisms. These mechanisms are intended to amplify activity on the Arbitrum network and spur innovation within the community.
The program will also play an active role in generating incentive data. This data will provide valuable insights into the effectiveness of grant distribution. These insights, in turn, will shape the design of future incentive programs, ensuring their continued success and relevance.
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