Arbitrum DAO - Ecosystem Incentives contd.
Long Term Incentives Program
During January 2025, 2 protocols received funding out of the Hedgey vesting contracgt totalling 393k ARB, with the 393k ARB returned to the LTIP multisig shortly thereafter. In total, 452k ARB was returned to the multisig during the month.
The multisig then returned its entire balance to the DAO treaury wallet on 31 January 2025 (31M ARB).
LTIP
Rationale
Test new incentive designs to ensure the DAO is ready to commit to a long-term program
Incentive Budget (ARB)
45,000,000
Operations Budget (ARB)
735,000
Incentives Actually Allocated (ARB)
30,654,389
Number of Protocols Allocated Funding
86
Funding Sent (ARB)
30,337,723
Funding Returned (ARB)
(5,865,956)
Net Funding Spent (ARB)
24,471,767
Number of Protocols Sent Funding
84
LTIP ARB Allocation vs. Spend
+45m
(30.3m)
+5.9m
20.5m
ARB Budget
ARB Spent
ARB Returned by Protocols
ARB Unspent
On 31 January 2025, the LTIP Multisig returned 31M ARB to the DAO Treasury Wallet. - this balance is made up from:
- 85.2M being received via AIP's - 60.5M being sent to Hedgey to distribute incentives to protocols under LTIP and the STIP Bridge - 6.5M being received from protocols returning unused incentives (under STIP Bridge and LTIP) - 0.4M being sent to various parties under operating expense budgets
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