Arbitrum launches $40 million ARB incentives to enhance its DeFi ecosystem

The Arbitrum Foundation has launched the DeFi Renaissance Incentive Program (DRIP), and it is being touted as a significant initiative aimed at boosting decentralized finance (DeFi) activity on Arbitrum, Ethereum's largest Layer 2 (L2) scaling solution by total value locked (TVL).

Source: cryptopolitan.com

Related symbols: ARBUSD