According to Foresight News, GMX has submitted a grant proposal to Arbitrum DAO's Short-Term Incentive Plan (STIP), requesting approval for up to 12 million ARB incentives around its V2 setup. The proposal also considers an additional issuance of 2 million ARB tokens for ecosystem partners built on GMX V2, who have not directly received incentives from Arbitrum DAO, to manage liquidity and trading volume plans.