Blockworks Research proposes to establish the Arbitrum Alliance and plans to apply for approximately 2.2 million ARB tokens.
BlockBeats news, on October 26th, Blockworks Research launched a community proposal on Arbitrum, planning to establish an Arbitrum Alliance led by Blockworks Research, Gauntlet, and Trail of Bits, with a duration of 12 months, aimed at helping Arbitrum DAO members turn their ideas into reality.
The total cost of the alliance, which lasts for one year, will be based on the 30-day VWAP price of ARB on the day before the on-chain proposal. It is estimated that it will cost about 2.2 million ARB, and 1/4 of the funds will be pre-paid to each alliance member 91 days after AIP execution. The remaining 3/4 of the funds will be paid in installments within 274 days. The fund flow will be under DAO control and can be cut off at any time through on-chain DAO proposals.