Web3 bounty platform Layer3 launched a community proposal in Arbitrum and plans to apply for 1 million ARB. This Arbitrum Improvement Proposal (AIP) aims to improve the user acquisition and participation efficiency of the Arbitrum ecosystem after the Short-Term Incentive Plan (STIP). The proposal aims to deploy 95 total tasks in 62 unique applications, with design Quest and marketing expenses to be paid, and runs until May 19, 2024.
All applied funds will be mainly used for updates and maintenance, community engagement work, partnerships, performance tracking and reporting, and users will receive governance tokens XP and NFT.
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