TechFlow news: Camelot, a DEX platform in the Arbitrum ecosystem, announced on X that "after becoming the only protocol to receive 200 million votes, Camelot has been awarded 3.09 million ARB and will begin distribution within the coming weeks. This grant will be used to bring new builders into the ecosystem, support native protocols, and advance ARB adoption."
Previously, Arbitrum's 50 million ARB Short-Term Incentive Program (STIP) completed its first round of voting. Out of 97 submitted proposals, 29 projects—including Camelot, Jones, Dopex, GMX, and Galxe—were selected for participation under Arbitrum's rules.
Camelot will distribute up to 3.09 million ARB over the next three months through various liquidity incentive programs, with the majority focused on partner pools and broader adoption of ARB as a foundational liquidity asset.
