Arbitrum DAO - DAO Core
This represents the long-term programs, committees or groups funded by and supporting the effective functioning of the Arbitrum DAO - these are funded directly by the DAO and not via a Grants Program. The pledged outflows amount indicates the amount allocated to each group via an on-chain governance vote, while actual outflows are funds which are then distributed from the wallet at which point they are "spent".
DAO Development Budget (ARB)
+6m
10.1m
+600k
+1.6m
+200k
+1.8m
Arbitrum Research & Development Collective
ArbitrumDAO Procurement Committee
Delegates Incentive System
Multisig Support Service
Entropy Advisors
Total
DAO Development Spend - March 2023 to August 2024 (ARB)
+6m
8.4m
+635.5k
+0
+200k
+1.6m
Arbitrum Research & Development Collective
ArbitrumDAO Procurement Committee
Delegates Incentive System
Multisig Support Service
Entropy Advisors
Total
Arbitrum Research & Development Collective
ARDC Spend - March 2023 to August 2024 (ARB)
665k
546.9k
377.6k
377.6k
335k
332.5k
332.5k
233.9k
118.1k
101.1k
50k
33.3k
30k
16.7k
20k
16k
10k
8.5k
7.5k
(45.1k)
(45.1k)
Security - OpenZeppelin
Research - Blockworks
Research - Delphi Digital
Risk - Chaos Labs
DAOAdvocate - L2Beat/Ant Federation
Multisig Signers
Immutable Lawyer
ARB Budget 1.8m
ARB Sent to Date 1.6m
ARB to be Sent 163.3k
USD Required to Pay Service Providers $575k
ARB Required to Cover USD Owing ARB1.12M
ARB In ARDC Multisig Wallet ARB163k
ARB (Shortfall) / Surplus (ARB957k)
Therefore at an exchange rate of $0.5133 per ARB, the Collective has a shortfall of 957k ARB to cover service provider fees. This was driven by the proposal anchoring collective members' fees in USD, while contracts were defined in ARB. Based on the proposed USD amounts, all members are owed fees whereas based on the ARB contractual amount, some providers have been overpaid while others underpaid - in summary, the price of ARB fell too low and the contractual ARB amounts weren't enough to cover the agreed-upon USD fees.
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