Arbitrum DAO Announces Distribution of 21.52 Million ARB
Following a community vote, Arbitrum has decided to disburse the remaining ARB tokens from its initial round of grant funding. Out of the numerous projects, only 29 secured enough votes in the first round.
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Following a community vote,
Arbitrum has decided to disburse the remaining ARB tokens from its
initial round of grant funding. Out of the numerous projects, only 29
secured enough votes in the first round.
Now,
an additional 26 projects are set to benefit from grants offered by
Arbitrum DAO, totaling over $23.5 million (21.52 million ARB). Leading
the way in this new allocation are Stargate Finance (2 million ARB),
Synapse (2 million ARB), and Wormhole (1.8 million ARB).
Arbitrum DAO Voting Results Source: tally.xyz
Stay tuned, as there's a chance that these projects might distribute a portion of these grants to their users.
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