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Arbitrum's 50 million ARB short-term incentive plan voting has ended: 29 projects including Camelot, Jones, and GMX have won.

BlockBeats news, on October 13th, the first round of voting for Arbitrum's Short-Term Incentive Program (STIP) has been completed. Out of the 97 proposals submitted, 29 projects will be able to participate in this incentive program according to Arbitrum rules, including Camelot, Jones, Dopex, GMX (with the largest amount of 12 million ARB), 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. It is reported that in early October, Arbitrum launched the first round of voting for its Short-Term Incentive Program (STIP), which will allocate 50 million ARB to promote network development. If the requested grant exceeds 50 million ARB, it will be allocated according to the number of votes in favor of the proposal and the time the proposal was posted on the forum.
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