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AAVE $114.15 -0.20%
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ZEC $332.95 -0.83%

Balancer will provide an additional 1.2 million ARB incentives for the Arbitrum liquidity growth plan

2023-11-18 17:15:28
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ChainCatcher news, Balancer on platform X stated that Balancer will provide an additional 1.2 million ARB incentives for its Liquidity Growth Program (LGP) on the Arbitrum network.

Previously, the total incentives provided by the LGP were 1 million ARB, so the new funding injection means that the incentive strength of the LGP program will double. Previously, the program allocated 80,000 ARB per epoch, lasting until the end of November; now it will allocate approximately 171,000 ARB every two weeks, lasting until the end of February next year.

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