Crypto News and Headlines

Arbitrum DAO Votes on $1.5 Million Program to Reward Active Delegates

Arbitrum DAO is voting on a $1.5 million annual incentive program to reward active governance delegates. The proposal requires delegates to hold at least 200,000 ARB, vote on proposals, and publicly explain their rationale within five days, with payouts ranging from $300 to $700 per vote. As of the latest Snapshot, 55.8 % of votes favor the program, while 27.5 % abstain and 16.5 % oppose. If approved, the rewards will be distributed for one year, with unused funds returning to the treasury.