Arbitrum DAO - DAO Core contd.
ArbitrumDAO Procurement Committee
The ArbitrumDAO Procurement Committee (ADPC) is tasked with facilitating & administering various procurement frameworks within the Arbitrum Ecosystem, creating new procurement frameworks for DAO Ratification and creating a proposal for security-service subsidies. The committee will serve a 6-month term.
The 3 committee members were to receive $8k per month each, payable in ARB at the spot rate.
ADPC Spend - March 2023 to August 2024 (ARB)
75k
52.7k
52.7k
52.7k
48k
48k
48k
50k
30k
30k
26k
26k
25k
12k
0
0
(4.7k)
(4.7k)
(4.7k)
(12k)
-25k
Joseph (immutablelawyer) Stipend
Bernard Schmid Stipend
Paul Imseih (pablo) Stipend
Multisig Signers
ARB Price Buffer
DeDaub Security Advisory Services
ARB Budget 200k
ARB Sent to Date 200k
ARB to be Sent 2
ARDC Spend - March 2023 to August 2024 (ARB converted to USD)
60k
48k
48k
48k
47.7k
47.7k
47.7k
40k
20k
263
263
263
0
Joseph (immutablelawyer) Stipend
Bernard Schmid Stipend
Paul Imseih (pablo) Stipend
USD Budget 144k
USD Sent to Date 143.2k
USD to be Sent 789
The ADPC therefore has finished its 6-month period and has exhausted its funding, with all committee members receiving very close to the initial USD budget. It is also worth noting that 12k ARB was sent to DeDaub for Security Advisory services that was not initially budgeted for - this was approved via a Snapshot proposal and the funding used was taken out of the initial ARB price buffer the Committee requested. Subsidy Fund
The full funding relating to the subsidy fund remains unspent with no transactions in August 2024.
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