TechFlow reports that on September 25, the Snapshot page showed that the Arbitrum DAO is voting on a proposal to allocate 250 million ARB (approximately $153 million) to strengthen strategic partnerships with the Arbitrum Foundation. At the time of writing, the proposal has a support rate of 99.2%, with voting set to conclude on September 26. Proposed by Wintermute Governance, the proposal emphasizes that funds will be used to advance key strategic collaborations, and all expenditures will follow the Foundation's established standards. If approved, the Foundation will provide detailed reporting on the budget utilization in its annual transparency report for Q1 2025.
The proposal focuses on three categories of protocols: critical opportunities involving single allocations exceeding 2 million ARB, newly signed long-term contracts (lasting over one year), and capital-intensive areas such as Orbit Chain ecosystem expansion, new RWA opportunities, and the onboarding of prominent TradFi institutions. The Foundation commits to using these funds solely upon fulfilling contractual obligations and not for day-to-day operational expenses. Currently, the Foundation operates two grant programs: the Arbitrum Foundation Grants Program and the Strategic Partnerships Program. Existing strategic partnership agreements average over 2 million ARB with an approximate duration of 2.1 years. This proposal aims to ensure the Foundation can continue driving ecosystem growth through strategic partnerships rather than merely maintaining the status quo.
