Several projects built on the Arbitrum blockchain have secured a cumulative supply of $40 million worth of ARB tokens as part of a short-term incentive program (STIP) round that ended late Thursday.
A tally shows that 29 Arbitrum projects have pitched their products and services to token holders over the past week, hoping to win votes for a share of the 50 million ARB tokens, worth nearly $40 million at current prices.
The STIP is a one-time distribution and beneficiaries cannot convert ARB rewards into other tokens or participate in board activities. The grant proposal was launched and approved earlier in September.
Perpetual trading protocol GMX delivered the most rewards with 12 million ARB, worth just over $10 million, followed by Gains Network with 7 million ARB.
Ether staking powerhouse Lido Finance was among the surprise duds, failing to gain approval over concerns it could control a third of all ether tokens staked.
It is now expected that these projects will use the tokens to offer higher rewards to users who support these protocols, for example by providing liquidity or using services, in a move that could attract money to the blockchain as traders look for to investment strategies.
where can i get generic clomid how to buy cheap clomid tablets how to buy cheap clomiphene without dr prescription cost cheap clomid prices order clomiphene without insurance clomid prescription cost can i buy cheap clomid tablets
This is a theme which is forthcoming to my heart… Numberless thanks! Unerringly where can I notice the contact details due to the fact that questions?
This is the type of delivery I turn up helpful.
order zithromax 250mg generic – purchase flagyl online purchase flagyl without prescription
order amoxicillin online cheap – buy ipratropium pill buy ipratropium 100mcg generic
oral zithromax 250mg – oral bystolic 5mg bystolic ca
cost augmentin – atbioinfo acillin over the counter
buy cheap esomeprazole – https://anexamate.com/ order nexium 20mg for sale
warfarin 2mg drug – anticoagulant buy losartan 25mg online
deltasone usa – aprep lson order prednisone 20mg generic
how to buy ed pills – https://fastedtotake.com/ pills for ed
purchase amoxicillin online – combamoxi.com buy amoxil generic
buy forcan – flucoan buy forcan
purchase cenforce online – https://cenforcers.com/ generic cenforce 50mg
where to buy generic cialis ? – cheap generic cialis when will generic cialis be available in the us
ranitidine uk – ranitidine 300mg ca zantac usa
does cialis make you harder – tadalafil liquid review reddit cialis