Arbitrum’s short-term incentive program (STIP) distributed 50M ARB, worth approximately $58M, across 29 protocols. Early results have been promising: the ARB token is up 22% on the week, its TVL reclaimed $2B, and daily active users are up 37%!
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.