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🔥 Arbitrum DAO Announces Distribution of 21.52 Million ARB

posted  3 Dec 2023
Photo - Arbitrum DAO Announces Distribution of 21.52 Million ARB
Following a community vote, Arbitrum has decided to disburse the remaining ARB tokens from its initial round of grant funding. Out of the numerous projects, only 29 secured enough votes in the first round.

Now, an additional 26 projects are set to benefit from grants offered by Arbitrum DAO, totaling over $23.5 million (21.52 million ARB). Leading the way in this new allocation are Stargate Finance (2 million ARB), Synapse (2 million ARB), and Wormhole (1.8 million ARB).
Arbitrum DAO Voting Results Source: tally.xyz

Arbitrum DAO Voting Results Source: tally.xyz

Stay tuned, as there's a chance that these projects might distribute a portion of these grants to their users.
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