Arbitrum DAO - Ecosystem Incentives contd.
Long Term Incentives Program
The Long Term Term Incentives Pilot Program was established for the DAO to test new incentive designs and answer the necessary questions to ensure it is ready to commit to a long-term incentives program. This Pilot Program will distribute a maximum of 45M ARB to protocols building on Arbitrum, that were not funded during STIP programs, over a period of 12 weeks. The program currently plans to allocate funding across 86 protocols.
LTIP Funding Requested and Received - March 2023 to July 2024 (ARB)
20m
16.8m
15m
10m
9.3m
7.5m
5m
2m
2m
1.8m
1m
1m
1m
1m
1m
1m
900k
750k
750k
750k
750k
650k
650k
650k
650k
600k
500k
300k
250k
150k
125k
100k
0
ARB Requested 30.7m
ARB Received 14.1m
ARB Funding Outstanding 16.6m
To date, the LTIP has distributed 14.1M ARB to 57 protocols, with 29 protocols yet to receive or draw down on their funding. The program currently only plans to distribute close to 31M ARB to these protocols - therefore, upon conclusion of the program, around 14M ARB is expected be returned to the DAO.
50m
+45m
(14.1m)
(16.6m)
25m
14.3m
0
Total ARB Allocated via AIP
ARB Sent to Qualifying Protocols
ARB Allocated but not Sent to Qualifying Protocols
Unallocated ARB to be Returned to the DAO
OpenZeppelin Average ARB Allocation 0.36M ARB
OpenZeppelin Protocols Allocated Funding 86
Funding Spent / Allocated 30.7m (68.1%) Funding Unused 14.3m (31.9%)
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