Wintermute Proposes 250 Million ARB Allocation to Support Arbitrum Foundation

According to Odaily, Wintermute has submitted a proposal to allocate 250 million ARB tokens to support the Arbitrum Foundation in fostering strategic partnerships. The proposal outlines that agreements with strategic partners typically exceed 2 million ARB tokens, with an average duration of 2.1 years. It further emphasizes that the budget for strategic partnerships is already very tight compared to competitors like Starknet and Optimism. Currently, the proposal has a support rate of 99.02%, with approximately 28% of the affirmative votes cast by Wintermute.