Synapse, proving to be one of the biggest contributors for the ecosystem continuing to provide mining rewards on Arbitrum and supporting the ecosystem with 4M+SYN in the past year, requests the proposal focusing on mainly 2 objectives: supporting faster and cheaper bridging, and supporting Arbitrum partners. Even though the requested budget amount is remarkably big, considering the sustainable outcomes and the possible future contribution for the ecosystem makes it reasonable.
Based on these reasons, ITU Blockchain voted in favor of this proposal.