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. All funds have been sent to the relevant people below.
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 1.2M ARB in September 2024, and had protocols return funding of 4.5M ARB. In total, 29.9M ARB has been sent to 84 protocols, with 4.7M ARB returned to the Multisig. The balance of funds are expected to be returned to the multisig in the coming weeks.
LTIP Funding Requested and Received - March 2023 to September 2024 (ARB)
25m
19.5m
20m
15m
10m
5m
2m
2m
1.8m
1.7m
1m
1m
1m
1m
1m
1m
1m
1m
1m
1m
905k
900k
750k
750k
162.9k
51.5k
4
3.2k
8
0
ARB Requested 30.7m
ARB Received 29.9m
ARB Returned 4.7m
17
Made with FlippingBook Digital Publishing Software