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Arbitrum · closed proposal

[Aave DAO] LTIPP Grant Extension Request

0xB933…8Dd1·ended 1y ago·Discussion ↗
Voters
3,541
ARB voted
153.60M
≈$12.03M
Token price
$0.08

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Voting results

For8.64M (5.6%)
Against117.73M (76.6%)
Abstain27.23M (17.7%)
153.60M ARB · ≈$12.03M · 3541 votersblock 252556661

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Full proposal

Original markdown · Arbitrum

Abstract

Aave DAO request an extension for its LTIPP Grant, in order to be able to distribute the remaining ARB.

This extension will run from September 2nd 2024 until 2nd November 2024, ensuring Aave DAO has enough time to distribute the allocated ARB without negatively impacting users.

Motivation

Aave DAO was granted a total of 750K ARB, as part of the LTIPP Grant.

Around 375K ARB have been distributed through GHO liquidity Pools, and the remaining were to be distributed through LM on Aave Protocol. These emission programs are in place to be implemented, but need additional time to dis…

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