ArbitrumDAO Approves 24 million ARB Token Incentive Program to Boost DeFi Development
2025-09-03 13:21:03
ArbitrumDAO has announced the first season of its $40 million DeFi Revival Incentive Program (DRIP), which will allocate up to 24 million ARB tokens to accelerate the decentralized finance (DeFi) growth of the Arbitrum network. The first season of DRIP focuses on a revenue-based Ethereum (ETH) and stablecoin leveraged loop strategy, with incentives flowing to major lending protocols. Users will receive ARB rewards by borrowing against selected ETH and stablecoin collateral. DRIP is divided into four seasons with a total budget of 80 million ARB tokens.
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