Arbitrum DAO Considers $24 Million “Backfund” for Projects Overlooked in Grant Selection

Source: Pixabay The Arbitrum DAO is debating a proposal that would inject 21.4 million ARB tokens ($24 million) into previously approved projects that failed to reach the 50 million ARB total funding cut-off during the first round of grants for its Short-Term Incentive Program (STIP) last month. If the proposal passes, the initiative will move The post Arbitrum DAO Considers $24 Million “Backfund” for Projects Overlooked in Grant Selection appeared first on Cryptonews .