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Arbitrum · closed proposal
Verified USD LTIPP Council Recommended Proposal
Voters
5,559
ARB voted
158.88M
≈$12.45M
Token price
$0.08
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
For158.44M (99.7%)
Against54.90K (0.0%)
Abstain387.32K (0.2%)
158.88M ARB · ≈$12.45M · 5559 votersblock 198943147
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Arbitrum
Link to Application
https://forum.arbitrum.foundation/t/verified-usd-ltipp-application-draft/21833
Council - 3/3 Yes Votes
Feedback
GMX Feedback) Generally supportive of Verified USD’s application. Stablecoins, while a competitive sector, are a primitive necessity for DeFi. It is one of the few sectors where you want a lot of competition because there are generally a lot of different approaches to a solution. Additionally, Verified USD wants to utilize the adoption of RWAs in their stablecoin model, which has some novelty. The team's proactive engagement with key partners such …
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