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Arbitrum DAO Votes on $1.5M Representative Incentive Plan

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The Arbitrum DAO community is voting on a $1.5 million plan to reward active representatives, as reported by ChainCatcher. The proposal, posted Nov. 19, requires reps to hold at least 200,000 ARB voting rights, cast votes, and share voting reasons within five days. Rewards vary by proposal type and voting share, with major on-chain votes capped at $700 and off-chain at $300. Snapshot data shows 55.8% in favor, 27.5% abstained, and 16.5% opposed. The one-year plan will be tracked quarterly by the DAO Operations Committee, with leftover funds returned if canceled early. This move aligns with growing trends in crypto governance and remains a hot topic in trending crypto discussions.
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