Attention all #DeFi Builders:

GMX announces the launch of wave 2 of the GMX Grants Program, following the success of the first wave and the recent approval of GMX's STIP-Bridge proposal by the Arbitrum DAO.

For the wave 2 grants, GMX will allocate around 600,000 ARB of incentives to the grantees, with a cap of 75,000 ARB per grant.

This grant allocation aims to support builders who are contributing to the further adoption of @Arbitrum by building on and integrating with GMX V2.

Projects can begin applying for the grants starting the 3rd of June. Please refer to this announcement on the GMX Governance forum:

🔸 https://t.co/uojWwOjRKs

Two important notes:

1) Those who have received an STIP-Bridge allocation, LTIPP grant, or a grant in wave 1 of the GMX Grants Program, will not be eligible for the wave 2 grants.

2) The total Grant budget is limited, and incoming applications will be reviewed in batches. Please submit your application in a timely manner to improve your chances of consideration.