# \[Timeswap\] \[FINAL\] \[STIP - Round 1\]

**URL:** <https://forum.arbitrum.foundation/t/timeswap-final-stip-round-1/17344>\
**Category:** Short Term Incentives Program (STIP) Round 1\
**Created:** [September 27, 2023, 2:45pm UTC](https://forum.arbitrum.foundation/t/timeswap-final-stip-round-1/17344 "2023-09-27T14:45:52Z")\
**Posts on this page:** 1\
**Showing post:** 24

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**Author:** ![SEEDGov](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/seedgov/32/14560_2.png) [@SEEDGov](https://forum.arbitrum.foundation/u/SEEDGov)\
**Post date:** [October 10, 2023, 7:22am UTC](https://forum.arbitrum.foundation/t/timeswap-final-stip-round-1/17344/24 "2023-10-10T07:22:31Z")

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**Timeswap:** @ameeth

From @Seedgov led by the @cattin delegation, we want to convey our support to this proposal. The reasons why we agree are as follows:

- After receiving certain recommendations, they reduced their request from 400k to 200k. Timeswap is an innovative lending protocol.

We want to clarify that this is not the final vote, since as we clarify in this [release](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131/135), the final vote is defined by our community. We also want to invite you to attend our [Governance Call](https://x.com/SEEDGov/status/1711437063457849670?s=20) that will be held tomorrow in our [discord](http://comunidad.seedlatam.org/).

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