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BYMCBYMCby0xaf6e16E01fe3ac91016055533AB4FCd6d1976f690xsnoopy.eth

Long Term Incentives Pilot Program

Voting ended about 2 years agoFailed

This AIP establishes a Long-term Term Incentives Pilot Program for the DAO to test new incentive designs and answer the necessary questions to ensure we are ready to commit to the long-term program. This Pilot Program will distribute a maximum of 45M ARB to protocols building on Arbitrum that were not funded during STIP or the Backfund. The program will distribute ARB to protocols for 12 weeks.

Overall Cost Total Cost: 45,735,000 ARB Incentives: 45,000,000 ARB. The entire budget does not need to be spent by the council. Any unused funds will be returned to the DAO Council Members: 125,000 ARB - 25,000 ARB each Advisors: 105,000 ARB - 35,000 ARB each Research Bounties: 200,000 ARB Total - the exact amount and sizes of specific bounties will be selected by the Council and can be vetoed by delegates. Data and Analytics Provider: 100,000 ARB for data monitoring and reporting Program Manager: 70,000 ARB for program design, organization, management, and research report. See the full list of responsibilities above. Proposal Authors: 30,000 ARB Total. 15,000 to StableLab, 10,000 to Alex, and 5,000 to Bobby paid retroactively for writing proposals, hosting proposal office hour calls, and communicating with delegates to gather feedback. Retroactive Community Funding: 100,000 ARB Multisig Signers: 5,000 ARB - 1,000 ARB each

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Timeline

Feb 02, 2024Proposal created
Feb 02, 2024Proposal vote started
Feb 03, 2024Proposal vote ended
May 26, 2024Proposal updated