Arbitrum DAO - Ecosystem Incentives contd.
When the STIP Bridge program was announced, an operational budget of 100k ARB was specified but provided no breakdown. At the end of August 2024, a Snapshot was submitted outlining the budget - it was approved by the DAO on 5 September 2024. The roles are:
STIP Bridge Operational Budget (ARB)
Advisors (19.4k ARB each) - JoJo - SEEDGov - Castle Capital
Program Manager - Stable Labs
Proposal Author - Alex Lumley
Multisig Signers (500 ARB each) - Lindey - Limes - Joseph - Bobbay - Alex Lumley
Advisors 58.2k (58.2%) Stable Labs PM 34.3k (34.3%) Alex Lumley Proposal Author 5k (5%) Multisig Singers 2.5k (2.5%)
Long Term Incentives Program
The LTIP distributed 5.8M ARB in August 2024 across 52 protocols, taking total distributed funding to 19.8M ARB. The program intends to distribute 30.7M ARB vs. the 45M ARB outlined in the Tally proposal.
LTIP Funding Requested and Received - March 2023 to August 2024 (ARB)
25m
19.5m
20m
15m
12.7m
10m
6.7m
5m
2m
2m
1.8m
1m
1m
1m
1m
1m
1m
1m
1m
1m
900k
750k
750k
750k
500k
0
0
0
0
0
0
0
ARB Requested 30.7m
ARB Received 19.7m
ARB Funding Outstanding 11m
18
Made with FlippingBook Ebook Creator