# \[Frax Finance\] \[FINAL\] \[STIP - Round 1\]

**URL:** <https://forum.arbitrum.foundation/t/frax-finance-final-stip-round-1/16579>\
**Category:** Short Term Incentives Program (STIP) Round 1\
**Created:** [September 20, 2023, 5:29pm UTC](https://forum.arbitrum.foundation/t/frax-finance-final-stip-round-1/16579 "2023-09-20T17:29:47Z")\
**Posts on this page:** 1\
**Showing post:** 11

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**Author:** ![ChronoFury](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/chronofury/32/1836_2.png) [@ChronoFury](https://forum.arbitrum.foundation/u/ChronoFury)\
**Post date:** [September 21, 2023, 10:02am UTC](https://forum.arbitrum.foundation/t/frax-finance-final-stip-round-1/16579/11 "2023-09-21T10:02:47Z")

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The proposal is clear as to how the grant will be utilized to benefit Arbitrum’s ecosystem as a whole. This is a breath of fresh air compared to other proposals which seem to focus mainly on growing their own protocol and neglecting to expand on how the grant that they seek will benefit the entire ecosystem.

I believe that the request for 1.5m ARB, considering their excellent track record, is completely reasonable and justified.

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