Who will get the 50 million ARB in the end?

Arbitrum launches first round of Short-Term Incentive Program (STIP)

Voting is complete and 97 proposals were submitted in accordance with Arbitrum rules.

There will be 29 projects that can participate in this incentive plan, including:

Camelot(3.09 million coins). Jones(200 coins).

Dopex(1.5 million pieces). GMX(12 million pieces).

Galxe(50 pieces). LODESTAR(750,000 pieces).

Socket (1 million pieces). Timeswap (200,000 pieces).

RADIANT(2.85 million coins). Pendle(2 million coins).

MUX(6 million coins). Frax(1.5 million coins).

Tally(200,000 coins). Rysk(500,000 coins).

Silo(1 million coins). Stella(500,000 coins).

Good(200,000 pieces). Gamma(430,000 pieces).

Umami (750,000 pieces). Abracadabra (1.5 million pieces)

KyberSwap (1.5 million coins). OpenOcean. (500,000 coins)

Angle(700,000 coins). Trader(1.51 million coins).

Dolomite(1 million pieces). Premia(900,000 pieces).

Vertex(3 million coins). Perennial(750,000 coins)

Balancer (1.2 million pieces)

These 29 projects will receive a total of approximately 49.53 million ARBs, including 5 projects in the derivatives category, with a total of 21.95 million ARBs.

ARB allocations accounted for the largest proportion, followed by the DEX category.

7.3 million pieces), loan agreement (5.8 million pieces), futures agreement (2.9 million pieces), income agreement (2.75 million pieces), CDP category (2.2 million pieces), etc.;

Projects that have not received grants include many well-known leading projects with multi-chain layouts, such as Lido’s application for 4 million ARBs, Wormhole’s application for 1.8 million ARBs, Curve Finance’s application for 1.6 million ARBs, etc. were all rejected, while among the projects that received grants In addition to native projects such as GMX and Radiant, there are also relatively unknown Arbitrum ecological projects such as LODESTAR and Jones.

Foresight News researcher Eric analyzed that Arbitrum officials want to support native projects. These large projects are not short of money. Supporting them is not cost-effective for the development of the Arbitrum ecosystem. “Even if they don’t give them money, they I will still support Arbitrum, but it might be a waste if I give it." #公链生态 #ARB $ARB