Synthetix resubmits Arbitrum LTIP proposal, reducing the grant request to 2 million ARB tokens
The Snapshot page shows that Synthetix has resubmitted the Arbitrum LTIP proposal, reducing its total grant request from 4.5 million ARB to 2 million ARB, with changes as follows:
-1 million ARB for LP incentives (originally 1.6 million ARB);
-900,000 ARB for transaction fee rebates (originally 1.8 million ARB);
-100,000 ARB for stablecoin liquidity (originally 500,000 ARB);
-The allocation of 600,000 ARBs used for trading competitions and growth experiments has been removed.
Voting on this proposal is now open until May 3rd.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Global economic uncertainty intensifies as investors flock to the "devaluation trade" wave
Trending news
MoreThe "Chinese Meme whale" who heavily invested at the peak spent about $110,000 within half an hour to build positions in Meme Rush and GIGGLE.
Variant Chief Legal Officer: US Senate Democrats' counterproposal to the Responsible Financial Innovation Act is essentially a disguised ban on cryptocurrencies, casting doubt on the prospects of the crypto market structure bill.
Crypto prices
More








