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ArbitrumDAO Starts On-Chain Vote on 100 Million Arbitrum (ARB) Plan

Entropy Advisors’ proposal would expand an incentive program that began with 80 million ARB; voting is scheduled to end Nov. 12.

Updated 1 min read
An anonymous participant reviews an online governance ballot at a Brooklyn coworking space / EconoTimes.ai (mono)
An anonymous participant reviews an online governance ballot at a Brooklyn coworking space / EconoTimes.ai (mono)

Entropy Advisors is seeking ArbitrumDAO approval to add 100 million Arbitrum (ARB) to Global Dollar (USDG) incentives; the on-chain vote on its treasury proposal opened Oct. 29. The proposed allocation has not been approved.

Entropy Advisors’ Oct. 6 proposal would expand the DeFi Renaissance Incentive Program. Entropy’s proposal says the program began with 80 million ARB and had about 65 million remaining; the proposed addition would bring the available pool to roughly 165 million ARB.

Entropy Advisors’ proposal would combine Seasons 2, 3 and 4 into one USDG-focused incentive period. The proposed incentives are intended to support USDG liquidity and teams that integrate the stablecoin.

Entropy’s proposal says some USDG allocations could earn lower direct returns in the short term than alternatives. It describes that as a tradeoff for potential revenue from USDG growth.

Voting is scheduled to end Nov. 12, according to the proposal. EconoTimes previously reported on the proposal before the on-chain vote opened.

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