The Arbitrum community proposes to allocate 75 million ARB rewards to ecologically active protocols

Odaily Planet Daily reported that the Arbitrum Incentive Working Group submitted the "Arbitrum's Short-term Incentive Plan" AIP proposal in the community forum. The proposal aims to allocate rewards of up to 75 million ARB from the DAO treasury to the active Arbitrum protocol to satisfy the community. short-term needs. The proposal is divided into two parts: a financial proposal and an application process. The financial proposal includes allocating 75 million ARB to the multi-signature address of the program, and another 370 million ARB for the operating budget of community/project promotion. The plan will be subject to two rounds of voting, with a snapshot vote taking place on September 8. The first cycle is from September 15th to October 6th, with on-chain voting, application, review, voting and fund allocation being carried out respectively. The second cycle is from October 6 to October 27, with application, review, voting and fund allocation carried out in sequence. Projects applying for this grant cannot convert ARB into other assets, must outline spending plans, provide a form, and describe grant goals, and must commit to provide information on allocations, all ARB spending transactions, daily TVL, transactions, transaction volume, unique addresses, transactions Key indicators such as fees, etc. Each application project can only receive one award, and the Arbitrum working group provides four categories for evaluation funding, including Beacon Grants, Siren Grants, Lighthouse Grants and Pinnacle Grants.