Arbitrum DAO votes on the $1.5 million representative reward program

According to The Defiant, Arbitrum DAO is voting on a $1.5 million plan aimed at rewarding active voting representatives. The proposal was published on November 19, with the goal of reducing voter apathy and increasing active voting rights. According to the proposal, representatives must meet the following conditions to receive rewards: hold at least 200,000 ARB voting rights, vote on the proposal, and publicly publish their voting rationale within five days.

The reward amount depends on the representative's voting power share, the type of proposal, and the remaining budget. Major on-chain votes can earn up to $700 each, while small off-chain votes have a cap of $300. As of today, before the voting ends, Snapshot data shows that 55.8% support the plan, 27.5% abstain, and 16.5% oppose. The plan will run for one year initially, with the DAO Operations Committee tracking expenditures and managing the budget quarterly. If it ends early, the remaining funds will be returned.