On October 10th, Silo Finance, a decentralized lending protocol, proposed a Short-Term Incentive Plan (STIP) to apply for 1 million ARB tokens on Arbitrum. As of the time of writing, the proposal has received 76 million supporting votes, surpassing the required threshold of 71.51 million votes for approval.
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Silo Finance’s Proposal to Apply for 1 Million ARB Incentives Has Reached the Legal Vote Threshold for Passing
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