106 projects, including GMX, Lido, and Aave, have applied for the first round of funding for the Arbitrum Short-Term Incentive Program.

BlockBeats reported on September 28th that the Arbitrum community has recently launched a short-term incentive plan aimed at allocating up to 50 million ARB tokens from the DAO treasury to active protocols on Arbitrum. The application period for the first round of funding ended on September 28th at 11:59 Beijing time, with a total of 106 projects submitting applications during this period, including well-known projects such as GMX, Lido Finance, Aave, Radiant Capital, Camelot, Wormhole, Pendle Finance, Curve, and Frax Finance. It is reported that the review period for the first round of funding will be from September 28th at 24:00 Beijing time to October 5th at 11:59, followed by a week of voting.