Arbitrum DAO - Treasury contd.
Stable Treasury Endowment Program 2.0
During June 2025, the STEP 2.0 program continued with its conversion strategy. In total, the wallet received 35.125M ARB and now holds 18M ARB and 8.4M USDC. A Snapshot vote was also passed to allocate redeemed USDM funds from STEP 1.0 towards the protocols approved under the 2.0 program, effectively putting back to work the ~$3.5M currently sitting idle from the first program.
Treasury Management V1.2
During June 2025, the multisig holding the initially-allocated 26M ARB started moving funds around. 15M ARB was transferred out of the wallet during June, with 43k USDC.e received. The multisig therefore holds:
- 11.8M ARB - 319k USDC - 43k USDC.e
It also holds some of the funding related to the growth management vertical and currently holds: - 4.1k wstETH
Entropy has prepared a Dune dashboard outlining the various DAO holdings, under STEP and the Treasury Management proposals, given that funds are not all held within the original multisigs.
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