According to official sources, the deadline for applying for the third phase of the Arbitrum Foundation funding program has been extended to July 31, 2024.Previously, it was announced that the third phase of funding applications would begin on April 15, 2024, with a focus on dApps and the introduction of more standardized funding methods, primarily covering vertical areas such as gaming, NFTs, social media, DAOs, and DeFi.

The Tally page shows that the Arbitrum community has voted in favor of the "200 million ARB Game Catalyst Plan" proposal, which is currently in a pending state. The proposal aims to provide a three-year incentive plan for the Arbitrum ecosystem games, with a total of 200 million ARB tokens, with the goal of providing momentum for the Arbitrum gaming ecosystem through Web3 industry studios and games.

The Arbitrum management has approved an on-chain vote to allocate 225 million ARB (currently worth about 225 million US dollars) to fund game development on Arbitrum. The initiative aims to make Arbitrum a leading blockchain in the gaming industry. There will also be a vote in the future to select a council to oversee the plan.

On May 26th, the Arbitrum community's "2 Billion ARB Game Catalyst Plan" proposal has started on-chain voting. The proposal aims to provide a three-year incentive plan for the Arbitrum ecological game, with a total of 2 billion ARB tokens, with the goal of providing momentum for the Arbitrum game ecosystem through Web3 industry studios and games. The voting will end in 12 days.

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A whale that previously lost over 4 million US dollars on ARB has started buying ARB again. Six hours ago, the whale accumulated 4.17 million ARB (worth 4.34 million US dollars) through a combination of withdrawals from Binance and on-chain purchases, with an average cost of 1.04 US dollars. The whale currently holds a total of 5.89 million ARB.

Arbitrum passed a proposal to allocate 2 million ARB tokens as LTIP grants to Synthetix, to expand the scale of Synthetix V3 and Perps V3 on Arbitrum, and provide incentives for traders and stakers.

Ethereum Layer 2 Arbitrum announced a partnership with web3 gaming company DeLabs Games on the 3rd. In this collaboration, Arbitrum plans to provide on-chain support for DeLabs' upcoming new games "Metabolts" and "Space Frontier". By using Arbitrum in these two games, users can play games at high speed and low network fees.

On April 21st, the Arbitrum community released a proposal regarding the adoption of RIP-7212 by Passkey-based wallets. The proposal states that adopting RIP-7212 will reduce the cost of using Passkey-based wallets on Arbitrum One and Nova, making it more feasible for daily use, and allowing DApp developers and protocols to provide a better user experience. Compared to typical EOAs, Passkey-based wallets offer better security levels and seamless cross-device support.

According to L2BEAT data reported by Jinse Finance, Arbitrum TVL has reached 20 billion US dollars, up nearly 100% this year.