The budget was raised to 75M ARB to accommodate larger protocols (Pinnacle Grants) without compromising smaller applications. The Working Group recognized that larger protocols might request funds external to the program if it was not large enough to accommodate their requests on similar timelines, so the change was also made to prevent confusion from overlapping large proposals.
It’s important to note that this is just a budget; under this proposal, unused funds would be returned to the treasury. Delegates and voters will still individually vet each application, and decide whether a grant application for a given protocol is too aggressive.