Arbitrum Launches 5 Million ARB Stylus Development Incentive Program Vote
Foresight News reports that Arbitrum has launched a governance vote for the Stylus Sprint initiative. This initiative aims to encourage developers to adopt Arbitrum Stylus for building smart contracts and tools by offering up to 5 million ARB tokens (currently valued at around $2.5 million) in rewards. Voting will close on September 13th. The proposal outlines a one-year program with an eight-week application period. Applicant teams must build fundamental tools using Stylus technology. The maximum grant amount is 1 million ARB. Funds will be distributed in stages based on project progress. Arbitrum has set the vote as private, and the final results will be available after voting concludes.