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Arbitrum · closed proposal

Dolomite STIP Proposal - Round 1

0x79C4…25E2·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
21,962
ARB voted
195.38M
≈$15.30M
Token price
$0.08

AI summary

This proposal is part of Arbitrum's Short-Term Incentives Program (STIP), which aims to distribute up to 50,000,000 ARB tokens to eligible protocols as grants. This specific proposal is for Dolomite, a protocol seeking funding from this program. If approved, Dolomite will receive a grant, with the exact amount depending on the total votes received and the overall budget allocation for the STIP.

Impact

If this proposal passes, Dolomite will receive a grant in ARB tokens, which could help fund its development and operations within the Arbitrum ecosystem. This benefits Dolomite and potentially its users, while slightly reducing the overall ARB token pool available for other STIP applicants. The exact financial impact on the Arbitrum treasury is not specified in this proposal, as it depends on the final grant amount.

Read full proposal on Snapshot

Voting results

For161.21M (82.5%)
Against5.17M (2.6%)
Abstain29.00M (14.8%)
195.38M ARB · ≈$15.30M · 21962 votersblock 137921697

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

This is a proposal for the Arbitrum Short-Term Incentives Program, you can find the details of this specific protocol’s proposal in the forum link attached below.

The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols.

To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal.

Successful applicants will receive funding following coordinati…

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