Arbitrum Initiates Voting for Stylus Development Incentive Program for 5 million ARBs
Arbitrum launched a governance vote for the Stylus Sprint program, which aims to encourage developers to use Arbitrum Stylus to develop smart contracts and tools by offering up to 5 million ARB token rewards. The program is a one-year, eight-week application period, and the applicant team needs to use Stylus technology, demonstrate its unique use case, and build the basic tool.
The project team will be required to apply through a designated process, which will be screened by the evaluation committee according to the criteria in the proposal. The maximum application amount is 1 million ARBs. Funding will be distributed in stages according to the progress of the project, ensuring project deployment and long-term maintenance.
Arbitrum has made the proposal private so that the final results can be viewed only when voting closes.