Arbitrum blockchain-built crypto projects have raised as much as $40 million in ARB tokens through the new STIP short-term incentive program. GMX appears to have garnered the most support with 12 million ARBs, the equivalent of $10 million, followed by the Gains Network project.
Arbitrum and raising $40 million in ARBs for STIP program crypto projects
Arbitrum-based crypto projects that participated in the STIP short-term incentive program raised $40 million in ARB tokens.
Projects built on the Arbitrum blockchain have bagged a cumulative stash of $40 million in ARB tokens as part of a short-term incentives program (STIP) round that ended late Thursday. By @shauryamalwa.https://t.co/IDgXBzX3AG
— CoinDesk (@CoinDesk) October 13, 2023
In practice, the STIP short-term incentive program is a one-time distribution and recipients cannot convert ARB awards into other tokens, or participate in governance activities. The proposal to support the Arbitrum ecosystem was submitted and appr
We współpracy z: https://en.cryptonomist.ch/2023/10/13/crypto-arbitrium-news/
