Arbitrum DAO approves $23.54 million in standby funding to support projects that missed first round of grants
Arbitrum DAO has approved a one-time "reserve fund" of $23.54 million to support 26 projects that missed out on the first round of funding. The initiative was passed with a two-thirds majority and aims to develop and incentivize projects on the Ethereum Layer 2 network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DOGE Sees 2.57% Price Increase Amid Sideways Trading Possibilities
Wavedrop 2 Checker
Check the rewards you will be able to claim in Wavedrop 2.
Crypto analyst says Bitcoin can hit $200K by the end of 2025
Oklahoma man pleaded guilty to operating a $9.4M fraudulent crypto investment firm