TechFlow news: A new proposal from the Arbitrum community aims to extend the deadlines for token distribution to protocols under the STIP (Short-Term Incentives Program) and the BackFund program.
According to the proposal, the STIP deadline could be extended to March 1, 2024, while liquidity support for protocols within the BackFund program will continue until March 15, 2024, with the final token distribution deadline extended to March 29, 2024.
The extension takes into account variations in KYC processing times and delays compared to the original schedule, aiming to ensure all protocols have sufficient time to distribute incentive tokens to users.
The extension also includes adjustments to certain protocols under the original STIP to ensure fairness and effectiveness in incentive distribution.
