DEX Camelot posted on the X platform that after becoming the only protocol to receive 200 million votes, Camelot received 3.09 million ARB grants and will begin to distribute them in the next few weeks.
The grant will be used to introduce new builders to the ecosystem, support native protocols, and advance ARB adoption.
According to previous news, Camelot launched a proposal to apply for 3.09 million ARB grants from Arbitrum DAO, aiming to strengthen liquidity cooperation and promote the widespread adoption of ARB.
Camelot will distribute up to 3.09 million ARB over 3 months as various liquidity incentives, with the majority of the incentives focused on the partner pool and wider adoption of ARB as the underlying liquidity asset.