Tally’s STIP was not an ongoing incentive program like most STIPs given to DeFi platforms. Instead, we distributed 125k ARB split in lump sums among 2 DAOs (GMX & Rari) at the very end of the STIP period to incentivize long-term growth of each DAO.
Tally’s STIP takes a different approach from typical incentive grants that often focus on short-term engagement with DeFi platforms. Instead of offering temporary rewards, we allocate funds directly into DAO treasuries to support steady, long-term TVL growth on the Arbitrum network. Our focus is on building lasting stability of DAOs on Arbitrum.
The aim is to foster consistent TVL within these DAOs by supporting their financial health and governance structures. We’ll track progress through metrics like TVL growth and participation in governance, and monitor these over time to assess the program’s impact.
STIP Distribution
Tally is excited to share how we distributed our STIP.B of 200k ARB. Our STIP’s primary goal was to foster the creation of DAOs on Arbitrum, aiming to cultivate long-lasting and sticky TVL locked in these DAO treasuries. We distributed funds directly into 2 DAO treasuries:
- 25k ARB to Rari DAO (see transaction)
- 100k ARB to GMX (see transaction)
We sent the remaining 75k ARB back to the Arbitrum STIP treasury (see transaction), as not enough DAOs launched on Arbitrum during the STIP period for us to distribute the remainder to.