Synthetix resubmits Arbitrum LTIP proposal, lowering grant request to 2 million ARB
Synthetix has resubmitted the Arbitrum LTIP proposal, reducing its total grant request from 4.5 million ARB to 2 million ARB. The changes are 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);
-60,000 ARB allocation for trading competitions and growth experiments has been removed.
Voting on the proposal has begun and will end on 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.
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