Extending DRIP’s Mandate
AI summary
This proposal seeks to extend the end date of the DRIP (DeFi Renaissance Incentive Program) mandate from July 1st, 2026, to July 1st, 2027. The DRIP program, which has an allocated budget of 80 million ARB tokens, aims to incentivize growth within the Arbitrum ecosystem. This extension would give the Season Selection Committee an additional year to deploy the remaining 63.7 million ARB tokens across future incentive seasons. No new funding is being requested, and all other terms of the original DRIP proposal, such as committee composition and the DAO's ability to terminate the program, remain unchanged.
If passed, the DRIP program will have more time to strategically distribute its remaining 63.7 million ARB tokens, potentially leading to more effective incentive campaigns for the Arbitrum ecosystem. This benefits the Arbitrum community by allowing for better-planned and potentially more impactful growth initiatives, with no direct financial loss to the DAO as no additional funds are being requested.
Voting results
Votes over time
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🐳 Whale votes
12 votes > 5% VPFull proposal
Non-Constitutional
Abstract
This proposal extends the DRIP program's mandate end date from July 1st, 2026 to July 1st, 2027, giving the Season Selection Committee additional time to deploy remaining funds across future seasons. No additional funding is requested in this proposal. All other terms of the original DRIP proposal remain unchanged, such as the committee composition and the DAO's ability to terminate the program via an offchain vote.
Motivation
As background, when the DAO approved DRIP in June 2025, the proposal outlined a 1-year mandate to execute up to 4 seasons with …