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

**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:** 36

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### Author: ![ITUblockchain](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/itublockchain/32/558_2.png) [@ITUblockchain](https://forum.arbitrum.foundation/u/ITUblockchain)
#### Post date: [October 12, 2023, 4:46pm UTC](https://forum.arbitrum.foundation/t/frax-finance-final-stip-round-1/16579/36 "2023-10-12T16:46:48Z")

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Considering that Frax Finance has been a part of the decentralized finance ecosystem for quite some time and has proven itself in many stablecoin crises, we believe that with the incentive requested under the STIP framework, Frax Finance will expand its roots in the Arbitrum ecosystem and achieve its goals.

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