logo

ArbitrumDAO has approved a total of 80 million ARB tokens for an incentive program to drive DeFi growth

By: theblockbeats.news|2025/09/03 13:42:27

BlockBeats News, September 3rd, ArbitrumDAO announced the first season of its $40 million DeFi Revival Incentive Program (DRIP), allocating up to 24 million ARB to accelerate decentralized finance growth on the Arbitrum network.


The first season of DRIP focuses on a leverage loop strategy for yield-bearing ETH and stablecoins, with incentives flowing to leading lending protocols, including Aave, Morpho, Fluid, Euler, Dolomite, and Silo. Users will receive ARB rewards by borrowing selected ETH and stablecoin collateral (including weETH, wstETH, sUSDC, and syrupUSDC).


The first season of DRIP focuses on a leverage loop strategy for yield-bearing ETH and stablecoins, directing the incentive mechanism towards leading lending protocols. Users will receive ARB rewards by borrowing selected ETH and stablecoin collateral. DRIP spans across four seasons, with a total budget of 80 million ARB tokens.

HaoTian International plans to reallocate the remaining 3.575 billion Hong Kong dollars of the placement funds to Ethereum, with the expectation to fully utilize it within one month.
Spot Gold Surges Above $3550 per Ounce, Reaching an All-Time High

You may also like

Share
copy

Gainers

Latest Crypto News

18:15

Four Men Break Into Home, Rob $1.6 Million Worth of Cryptocurrency, Torture Victim for Over 13 Hours

17:45

Ethereum Surges Above $2900

17:45

The U.S. September PCE Report will be rescheduled and released on the 5th of December at 10 p.m.

17:45

Franklin's XRP Spot ETF XRPZ, a financial product belonging to Franklin, was launched today.

17:45

Analysis: Amazon's $50 Billion AI Infrastructure Investment Boosts Cryptocurrency Market Sentiment

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com