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Ethereum

Arbitrum DAO Proposal Seeks 100 Million ARB for USDG Adoption

Image: TokenPost

Entropy Advisors’ proposal would add 100 million Arbitrum (ARB) tokens to incentives for Global Dollar (USDG) and redirect part of Arbitrum Expansion Program fees, giving the stablecoin a larger role in DAO policy. Entropy Advisors submitted the plan to ArbitrumDAO on Oct. 6. It would make USDG the focus of the DeFi Renaissance Incentive Program (DRIP), which was launched with 80 million ARB across four seasons. About 65 million ARB remains in that budget, and DRIP Season 2 is already running with those funds. If approved, the additional 100 million ARB would raise the program’s available budget to roughly 165 million ARB.

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