Wintermute initiated a proposal to "apply for 250 million ARB for cultivating strategic partners."

ChainCatcher news, according to the Snapshot governance page, Wintermute has initiated a proposal for 250 million ARB tokens, intended to support the Arbitrum Foundation in cultivating strategic partnerships.

The proposal states that the strategic partnership program typically exceeds 2 million ARB tokens, with an average duration of 2.1 years. The proposal further emphasizes that the budget for strategic partnerships is already very tight compared to competitors like Starknet and Optimism.

The current support rate for the proposal is 99.02%, with approximately 28% of the votes in favor cast by Wintermute.