Synthetix launches Arbitrum liquidity incentive program, offering 2 million ARB rewards

According to TechFlow, Synthetix announced the launch of the Arbitrum liquidity incentive program, providing 2 million ARB rewards. The rewards are expected to be distributed before September 3. The LTIP grant of 2,000,000 ARB will be distributed as follows:

1. 1,000,000 ARB for LP incentives;

2. 900,000 ARB transaction fee rebates (up to 75% of Arbitrum transaction fees);

3. 100,000 ARB for stablecoin liquidity.