Arbitrum launches a Stylus development incentive plan vote with a total of 5 million ARB
On September 8, Arbitrum launched a governance vote for the Stylus Sprint plan, aiming to encourage developers to adopt Arbitrum Stylus to develop smart contracts and tools by providing up to 5 million ARB token rewards. The plan lasts for one year, with an application period of 8 weeks. Applicants need to use Stylus technology, demonstrate their unique use cases, and build basic tools.
Project teams must apply through a designated process and be screened by an evaluation committee based on the criteria in the proposal. The maximum application amount is 1 million ARB. Funds will be distributed in stages according to project progress to ensure project deployment and long-term maintenance.
Arbitrum has set the proposal to be private, and the final results can only be viewed at the end of the vote.