According to Foresight News, the Arbitrum Incentive Working Group has submitted a proposal for a short-term incentive plan for Arbitrum in a community forum. The proposal aims to allocate up to 75 million ARB rewards from the DAO treasury to active Arbitrum protocols to meet the community's short-term needs. The proposal is divided into two parts: a financial proposal and an application process. The financial proposal includes allocating 75 million ARB to the multi-signature address of the plan, with an additional 370 million ARB for the operational budget of community/project promotion.

The plan will undergo two rounds of voting, with a snapshot vote taking place on September 8. The first cycle will run from September 15 to October 6, with on-chain voting, application, review, voting, and fund allocation taking place. The second cycle will run from October 6 to October 27, with application, review, voting, and fund allocation taking place in sequence.

Projects applying for the funds cannot convert ARB into other assets and must outline their spending plan, provide a format, and explain the grant objectives. They must also commit to providing key indicator data such as allocation, all ARB spending transactions, daily TVL, transactions, transaction volume, unique addresses, and transaction fees. Each applicant project can only receive one reward, and the Arbitrum Working Group offers four categories for evaluating funding, including Beacon Grants, Siren Grants, Lighthouse Grants, and Pinnacle Grants.