Arbitrum

Treasure

Foundation

Coin

<ul class="news-points">
 <li><strong>Arbitrum DAO has approved a proposal by the Foundation to distribute 255 million ARB tokens.</strong></li>
 <li><strong>The proposal aims to boost the gaming ecosystem within the Arbitrum network.</strong></li>
 <li><strong>Arbitrum network.75% of the Arbitrum community voted in favor of the proposal, including L2Beat and Wintermute.</strong></li>
</ul>
<p>Arbitrum DAO has approved a recent proposal by the <a href="https://coinedition.com/tag/arbitrum-arb/" rel="noopener noreferrer nofollow">Arbitrum Foundation</a> to distribute 255 million ARB tokens, equivalent to $215 million, within three years. According to reports, the proposal aims to boost the gaming ecosystem within the Arbitrum network, targeting developers and potential gamers.</p>
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   <p lang="en" dir="ltr">The biggest gaming initiative in Web3 is coming to Arbitrum. <br><br>Congrats to everyone! <a href="https://t.co/H8FdbPUQmw" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/H8FdbPUQmw</a></p>— Churro (@Churro808) <a href="https://twitter.com/Churro808/status/1799154758902509875?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 7, 2024</a>
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<p>According to the approved proposal, the Arbitrum Foundation will dispense the allocated funds via a newly created Gaming Catalyst Program (GCP), designed to “immediately expand awareness and adoption of Arbitrum/Orbit/Stylus by builders and players in the Gaming community.”</p>
<p>It is worth noting that renowned organizations like L2Beat, Wintermute, and gaming-focused Treasure DAO supported the proposal and formed part of the 75% majority that voted…</p>
<p>The post <a href="https://coinedition.com/arbitrum-foundation-wins-215m-ecosystem-funds-proposal-with-75-majority/" rel="noopener noreferrer nofollow">Arbitrum Foundation Wins $215M Ecosystem Funds Proposal With 75% Majority</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Arbitrum Foundation Wins $215M Ecosystem Funds Proposal With 75% Majority

Coin Edition

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