Blockworks Research’s new proposal plans to establish the Arbitrum Alliance and is expected to apply for approximately 2.2 million ARBs.

On October 26th, Blockworks Research launched a community proposal on Arbitrum, planning to establish an Arbitrum Alliance led by Blockworks Research, Gauntlet, and Trail of Bits, lasting for 12 months, aiming to help Arbitrum DAO members turn ideas into reality.

The total cost of the alliance for the 1-year period will be based on the 30-day VWAP price of ARB on the day before the on-chain proposal, estimated to cost about 2.2 million ARB, of which 1/4 of the funds will be pre-paid to each alliance member for 91 days after the execution of AIP, and the remaining 3/4 of the funds will be paid in installments within 274 days. The fund flow will be under the control of the DAO and can be cut off at any time through on-chain DAO proposals.