According to TechFlow, KyberSwap has applied for 450,000 ARB for the Arbitrum STIP Bridge Addendum. The voting deadline is May 27. The plan is to allocate funding to benefit the Arbitrum ecosystem as follows:

  1. Trading Incentive Program (70%): Rewards users who trade using the KyberSwap Aggregator API, with funds allocated monthly based on trading volume.

  2. Limit Order Liquidity Mining (20%): Users who provide liquidity will receive passive income when orders are not executed, with a focus on supporting orders near market prices.

  3. Referral Program (10%): Incentivizes KOLs and other users to direct trading activity to Arbitrum through referral links.