October 13th, the first round of voting for Arbitrum's Short-term Incentive Plan (STIP) has been completed. According to Arbitrum rules, out of the 97 proposals submitted, 29 projects will be able to participate in this incentive plan, including Camelot, Jones, Dopex, GMX, Galxe, LODESTAR, Socket, Timeswap, RADIANT, Pendle, MUX, Frax, Tally, Rysk, Silo, Stella, Good, Gamma, Umami, Abracadabra, KyberSwap, OpenOcean, Angle, Trader, Dolomite, Premia, Vertex, Perennial, and Balancer.

In early October, Arbitrum launched the first round of voting for the Short-term Incentive Plan (STIP), which will allocate 50 million ARB tokens to promote network development. If the requested grant exceeds 50 million ARB tokens, allocation will be based on the number of votes in favor of the proposal and the time of proposal submission to the forum.