The proposal for the "Long-term Incentive Pilot Program" has been approved by the Arbitrum community vote

ChainCatcher news, according to the Snapshot governance page, the "Long-Term Incentive Pilot Program" proposal has been approved by the Arbitrum community with a support rate of 57.49%. This pilot project will allocate 25 to 45 million ARB to building protocols on Arbitrum for a duration of 12 weeks. The specific amount will be determined by the DAO through a snapshot vote and approved via Tally voting.

The program aims to establish a long-term incentive pilot for the DAO to test new incentive designs and address the questions necessary to ensure Arbitrum is ready to commit to long-term plans.