7.5% of ARB tokens (ARB750M) were transferred to the foundation in the initial token airdrop. A portion of these tokens were spent before AIP1.1 required the Foundation to place its holdings into a vesting wallet with a four-year lock-up period, thus the remaining ARB balance was transferred to that wallet. The Foundation can call funds over time from the vesting wallet. These unlocked funds are then transferred from the vesting wallet to a wallet controlled by the foundation. Arbitrum DAO - The Arbitrum Foundation
Foundation Vesting Wallet ARB Transactions
+750m
(50.5m)
699.5m
(97.7m)
(112m)
(15.8m)
474m
ARB Airdropped to Foundation
ARB Spent pre AIP1.1
ARB Initially Locked in Vesting Contract
ARB Unlocked and Sent - 2023
ARB Unlocked and Sent - 1H 2024
ARB Unlocked and Sent - July 2024
ARB Balance in Vesting Contract
Funds streamed from the vesting wallet to the Foundation's wallet were then partially sent to another wallet, whereafter our analysis ends. We have deemed funds sent to the external wallet as spent and beyond the scope of this report - please refer to the Foundation's transparency report for more context regarding their use of funds.
Foundation Wallet ARB Flows
+500k
(175m)
+225.5m
51m
ARB Received from Vesting Wallet
ARB Received from External Wallet
ARB Sent to External Wallet
ARB Remaining in Wallet
Summary of Foundation ARB Flows
ARB
ARB Received - Total
750,000,000
ARB Spent - Pre AIP1.1
50,500,008
ARB Spent - Post AIP1.1
174,500,001
Total ARB Spent
225,000,009
Total ARB Unspent
524,999,991
ARB Unspent in Vesting Wallet
474,022,545
ARB Unspent in Foundation Wallet
50,977,446
Total ARB Unspent
524,999,991
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