According to news on October 13, the first round of voting for the Short-Term Incentive Plan (STIP) launched by Arbitrum has been completed. Among the 97 proposals submitted, 29 projects will be able to participate in this incentive plan according to Arbitrum rules, including Camelot, Jones, Dopex, GMX , Galxe, LODESTAR, Socket, Timeswap, RADIANT, Pendle, MUX, Frax, Tally, Rysk, Silo, Stella, Good, Gamma, Umami, Abracadabra, KyberSwap, OpenOcean, Angle, Trader, Dolomite, Premia, Vertex, Perennial and Balancer .
In early October, Arbitrum launched the first round of voting for the Short-Term Incentive Plan (STIP), which will allocate 50 million ARBs to promote network development. If the requested grant exceeds 50 million, it will be distributed according to the following principles: according to the number of votes in favor of the proposal, The time the proposal was posted to the forum.