Balancer will provide an additional 1.2 million ARB incentives for its liquidity growth program on Arbitrum
On November 18th, decentralized exchange platform Balancer announced that it will provide an additional 1.2 million ARB incentives for its Liquidity Growth Program (LGP) on the Arbitrum network. This incentive comes from the Short-Term Incentive Plan (STIP) previously passed by Arbitrum. Prior to this, the total incentives provided by LGP were 1 million ARB, so the new funding injection means that the incentive intensity of the LGP program will double. Previously, the program allocated 80,000 ARB per epoch, lasting until the end of November. Now, it will allocate approximately 171,000 ARB every two weeks, lasting until the end of February next year.
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.
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