dhive

Silo Finance STIP Proposal - Round 1

avatar
Arbitrum by
lito.eth
on
October 6, 2023, 1:13 AM

This is a proposal for the Arbitrum Short-Term Incentives Program, you can find the details of this specific protocol’s proposal in the forum link attached below.

The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols.

To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal.

Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form.

Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.

Warning

Exercise caution when exploring DAO proposals. Proposals can be submitted by any member of the community so there's an inherent risk of encountering scams or deceptive links. Always critically assess the validity of each proposal and its links before taking action.
start
October 6, 2023
2:00 AM
end
October 13, 2023
2:00 AM

Voting type
basic
Votes
198,602,767

Final Votes
closed

For
174.5M ARB
87.88%
Against
3.7M ARB
1.86%
Abstain
20.4M ARB
10.26%