Arbitrum DAO - Ecosystem Incentives
Ecosystem Incentives Budgets (ARB)
200m
+45.7m
154.9m
+37.6m
100m
+21.5m
+50.1m
0
Short Term Incentives Program
Short Term Incentives Program Backfund
Short Term Incentives Program Bridge
Long Term Incentives Program
Total
Short Term Incentives Program (STIP)
Through the STIP original, backfund and bridge programs, the DAO has allocated a total of 108.9M ARB towards incentivising different protocols operating within the Arbitrum ecosystem. Within these programs, 314k ARB has been allocated to project management, advisors, multisig fees and other miscellaneous expenses.
The flow of incentives has been: - 50M ARB allocated across 30 protocols via the STIP program;
- 21.4M ARB allocated across 26 protocols via the STIP backfund program. This funding went to protocols that were approved for funding under the STIP program (i.e. they met all the requirements) but were unable to receive funding as the STIP was oversubscribed - more funding was approved than was available to distribute. A backfund was therefore created to allocate funding to protocols previously approved under the STIP; and - 37.5M ARB allocated across 56 protocols via the STIP bridge program. These were the protocols funded in STIP or STIP backfund - they were eligible to receive an additional incentive, generally at 50% of their funding request under the STIP or backfund program.
Note that allocated incentives won't perfectly match the incentive budget.
Each component of the extended STIP program included an operational budget to facilitate the successful execution of the programs. While the STIP and STIP backfund specified how the operational funding was to be allocated, the Bridge program did not - it outlined a general budget with the caveat that a separate Snapshot would be created to allow the DAO to decide on how the funds should be allocated. Operational Budgets (ARB)
STIP
Backfund
Bridge
Incentive Budget (ARB)
54k
50,000,000
21,400,000
37,500,000
100k
9k
Operations Budget (ARB) Incentives Actually Allocated (ARB) Number of Protocols Allocated Funding
94,000
120,000
100,000
20k
1k
50,038,044
21,312,500
37,025,522
20k
10k
30
26
56
100k
Multisig Signers - STIP 54k (17.2%) Multisig Signers - Backfund 9k (2.9%) tnorm - STIP 20k (6.4%)
Protocols approved for funding under the STIP program that weren't funded
Protocols funded in STIP or STIP backfund eligible to receive an additional incentive
DAO-funded incentives targeting active
tnorm - Backfund 1k (0.3%) StableLab - STIP 20k (6.4%) StableLab - Backfund 10k (3.2%) Data Monitoring - Backfund 100k (31.8%) Bridge - Total Operational Budget 100k (31.8%)
Rationale
Arbitrum protocols
16
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