Arbitrum's 'STIP Bridge (The Double Down)' Snapshot Vote Ending Soon
Premia Finance has highlighted that the snapshot vote for Arbitrum's 'STIP Bridge (The Double Down)' proposal ends in 24 hours on Friday, March 29th at 11:59 PM UTC. The proposal aims to provide incentives for 56 protocols previously supported by the DAO in the STIP round 1 and STIP Backfund, including GMX, Camelot, TraderJoe, Pendle, RDNT Capital, Frax Finance, Silo Finance, JonesDAO, Vela Exchange, Dolomite, Ramses Exchange, Vertex Protocol, Premia Finance, Tally, Sanko Game Corp, and RLMverse among others. Voting in favor would keep incentives flowing during heightened layer 2 competition and the bull market until the Long Term Incentive Program rolls out in late Q3. If the proposal fails, these protocols will need to wait until the potential passage of the Long Term Incentive Program in late Q3.