Arbitrum Token Flow Report - July 2024

Arbitrum DAO Expenditure Operational Costs

Across the various funding programs the DAO has run, part of the funding has been allocated towards operational costs. Some proposals are themselves operational in nature (such as the ARDC and ADPC) but still include an operational cost element in the form of multisig signing fees, while others are operational but have no fee other than compensating the members of that proposal (e.g. AVI). For the purposes of the below analysis, operational proposals' operational costs will only include multisig signing fees. Direct grants have also not been allocated an operational cost below. Operational Spend Analysis - March 2023 to July 2024

Total Budget (ARB)

Operational Budget (ARB) Operational Cost Burden

Operational Costs

DAOCore

3,541,000 1,761,000 200,000 1,580,000

110,000 30,000 30,000 50,000

3.1% 1.7%

ARDC ADPC

MS signers MS signers

15.0%

DIS

3.2% MS signers, Admin Costs

Ecosystem Incentives

154,949,000

1,049,000

0.7%

STIP

50,094,000

94,000

0.2% Manager, Contributors, MS Signers 0.6% Manager, Contributors, MS Signers, Data Monitoring

STIP Backfund

21,520,000

120,000

Not specified - potentially Advisors, Managers, MS signers, Audits Council, Advisors, Bounties, Data Analytics, Manager, Authors, Community Funding, MS signers

STIP Bridge

37,600,000

100,000

0.3%

LTIP

45,735,000

735,000

1.6%

Ventures

228,743,700

25,000,000

10.9%

Council, MS signers, Salaries, Marketing, Legal, Authors, Contributors

GCP

225,000,000

25,000,000

11.1%

AVI

191,700 52,000 3,500,000 35,300,000 35,300,000

- - -

- - -

No Operational Costs No Operational Costs No Operational Costs

M&A

ADPC Subsidy Fund

Treasury Diversification

300,000 300,000

0.8%

STEP

0.8% Committee, Legal Counsel, Due Diligence

Grant Programs

10,306,000

1,537,730 160,000

14.9%

Questbook 1

800,000

20.0% Manager, Allocators, Other 16.7% Service Fee, Managers 7.8% Manager, Allocators, Other 19.7% Service Fee, Managers

Plurality Labs 1A

3,360,000 3,300,000 2,846,000 3,921,203

560,000 257,730 560,000

Questbook 2

Plurality Labs 1B

Direct Grants

-

-

TOTAL

436,760,903

27,996,730

6.4%

Average Operational Cost Burden per Category

14.9%

10.9%

6.4%

3.1%

0.8%

0.7%

Operational Cost Burden

DAO Core

Ecosystem Incentives

Ventures

Treasury

Grant Programs

TOTAL

10

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