Arbitrum plans to allocate 35 million ARB for the RWA development program, with the current proposal opposition rate as high as 76.8%

ChainCatcher message, Snapshot shows that Arbitrum RWA development plan nominates six projects, proposing to allocate 35 million ARB tokens, namely Securitize BUIDL 56 (11 million), Ondo USDY 22 (6 million), Superstate USTB 24 (6 million), Mountain USDM 15 (4 million), OpenEden TBill 15 (4 million), and Backed Finance bIB01 17 (4 million).

It is reported that the plan was proposed in April 2023, aiming to achieve 1% financial diversification for Arbitrum annually through the growth of the RWA ecosystem. The current proposal has a rejection rate of 76.8% and will end on July 11.