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Arbitrum · closed proposal

D2.finance STIP Proposal - Round 1

0xF4B0…D8fA·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
28,413
ARB voted
117.18M
≈$9.18M
Token price
$0.08

AI summary

This proposal is part of Arbitrum's Short-Term Incentives Program (STIP), which allocates up to 50 million ARB tokens to incentivize various protocols. This specific vote is for D2.finance to receive a grant from this program. If approved, D2.finance would receive funding, provided they complete KYC and sign a grant agreement with the Arbitrum Foundation.

Impact

If this proposal passes, D2.finance will receive a grant in ARB tokens, which could help them grow their platform within the Arbitrum ecosystem. The exact amount D2.finance receives depends on the total votes in favor of their proposal and the overall budget remaining for the STIP. The Arbitrum DAO's treasury will be reduced by the amount of the grant.

Read full proposal on Snapshot

Voting results

For2.74M (2.3%)
Against63.86M (54.5%)
Abstain50.58M (43.2%)
117.18M ARB · ≈$9.18M · 28413 votersblock 137924574

🐳 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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