- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

ArbitrumDAO has approved a total of 80 million ARB tokens for an incentive program to drive DeFi growth

By: theblockbeats.news|2025/09/03 13:11:46

BlockBeats News, September 3rd, ArbitrumDAO announced the first season of its $40 million DeFi Revival Incentive Program (DRIP), allocating up to 24 million ARB to accelerate decentralized finance growth on the Arbitrum network.

The first season of DRIP focuses on a leverage loop strategy for yield-bearing ETH and stablecoins, with incentives flowing to leading lending protocols, including Aave, Morpho, Fluid, Euler, Dolomite, and Silo. Users will receive ARB rewards by borrowing selected ETH and stablecoin collateral (including weETH, wstETH, sUSDC, and syrupUSDC).

The first season of DRIP focuses on a leverage loop strategy for yield-bearing ETH and stablecoins, directing the incentive mechanism towards leading lending protocols. Users will receive ARB rewards by borrowing selected ETH and stablecoin collateral. DRIP spans across four seasons, with a total budget of 80 million ARB tokens.

HaoTian International plans to reallocate the remaining 3.575 billion Hong Kong dollars of the placement funds to Ethereum, with the expectation to fully utilize it within one month.

Spot Gold Surges Above $3550 per Ounce, Reaching an All-Time High