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Arbitrum DAO’s First Grants Programs Take Shape

Arbitrum’s community may soon begin handing out grants as token-holders are hashing out the details of two multi-million dollar programs. Two governance proposals together request around $5 million in ARB tokens from Arbitrum’s nearly $4 billion treasury to build grants programs that will fund ecosystem development. ARB stakeholders have been voting on one of the grants programs since last week; voting for the second one starts on Monday. The vote on the programs could yield notable grantmaking powers for ARB token holders, who would get to have a say in which programs get funding, and how much.

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