# \[RFC\] Synthetix LTIP Grant Extension Request **URL:** \ **Category:** Archived Proposals\ **Created:** [August 28, 2024, 12:07am UTC](https://forum.arbitrum.foundation/t/rfc-synthetix-ltip-grant-extension-request/26524 "2024-08-28T00:07:01Z")\ **Posts on this page:** 1\ **Showing post:** 10
**Author:** ![Larva](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/larva/32/1896_2.png) [@Larva](https://forum.arbitrum.foundation/u/Larva)\ **Post date:** [September 6, 2024, 2:26am UTC](https://forum.arbitrum.foundation/t/rfc-synthetix-ltip-grant-extension-request/26524/10 "2024-09-06T02:26:34Z")
Similar to Pyth, Synthetix has performed well in the LTIPP, benefiting both the protocol itself and the Arbitrum network significantly. Initially, I had some reservations about the 900,000 ARB budget request, as it’s not a small amount, especially since I firmly believe in the principle of achieving more with less. However, I later learned that the LTIPP had already allocated a 2 million ARB budget for Synthetix, and this proposal is merely requesting the remaining unspent portion. With that understanding, I no longer have any objections, and I support this proposal. --- _[View the full topic](https://forum.arbitrum.foundation/t/rfc-synthetix-ltip-grant-extension-request/26524)._