100,000 ARB from the LTIPP was allocated for retroactive funding to community members who add valuable contributions during the Pilot Program.
DAO members who felt they contributed meaningfully to the LTIPP program applied via this forum thread: https://forum.arbitrum.foundation/t/ltipp-retroactive-community-funding/26903
LTIPP Retroactive Community Funding will be decided using an Approval vote
Delegates may select any number of voting options. Their entire voting power will be cast toward each option selected.
Only applications with at least 75M votes in favor will receive funding. If the budget is exceeded, retroactive funding will be awarded in order of most votes until the budget is exhausted.
The DAO does not have to spend the entire 100K ARB Budget and may also choose not to spend any of it if no applicant receives at least 75M votes.