Arbitrum DAO Grant Programs
The Questbook Arbitrum Grants program focuses on anyone developing domain-specific projects on top of Arbitrum, ranging from education, gaming, and dev tooling to innovative ideas. Through the program, grantees receive milestone-based funding based on domain-specific needs outlined by the domain allocators elected by the community.
Questbook - Flow of Grant Funding
ARB
USDC/T
Grant 1 Budget
800,000 (800,000) 120,000 380,578 (424,398)
ARB Sent to Program Wallets
ARB Returned from Program Wallets
ARB Received from Program Wallets to Swap to Stablecoins
ARB Swapped into USDC for Programs Stablecoins sent to Program Wallets Stablecoins Returned from Program Wallets
728,143 (675,000)
61,000
Grant 2 Budget
3,300,000 (3,300,000)
Grant 2 Budget Swapped to Stablecoins Stablecoins sent to Program Wallets Funding Available for Operational Costs ARB Swapped for Operational Spend Funding Spent on Operational Costs
3,393,024 (3,081,000)
76,180 (2,797) (73,383)
426,167
4,003
(187,080) 243,090
Remaining Funding
-
As the programs utilized the same multisig to receive funding and pay operational costs out of, the analysis for spend has been combined.
The proposals outlined planned operational spend - funding was split between program management (including Questbook's fee), domain allocator compensation and general operational expenditure. Note that in the extension proposal, an amount of $54k was added to cover 6 months of overheads - this was outlined to cover 20% of full time salaries of program managers and domain allocators. As it was not directly split between those categories, it has been included in operational costs below. All costs were defined in USD and therefore spend data has been converted to USD at the exchange rate as at the transaction time. Operational Budget (USD) Operational Expenditure (USD)
Remaining Costs 230.4k USD Funds in Multisig 243.1k ARB
Program Manager and Questbook 120k (23.4%) Domain Allocators (x4) 312k (60.9%) Operations Costs 80.4k (15.7%)
Costs Paid in ARB (converted to USD) 94.9k (33.7%) Costs Paid in Stablecoins 187.1k (66.3%)
Questbook Operational Costs - Converted to USD
Round 1 Budget
60k
120k
20k
200k
Round 2 Budget
60k
192k
60.4k
312.4k
Total Budget
120k
312k
80.4k
512.4k
Spent
76.1k
196.8k
9.1k
282k
Remaining
43.9k
115.2k
71.3k
230.4k
0
50k
100k
150k
200k
250k
300k
350k
400k
450k
500k 550k
Program Manager and Questbook
Domain Allocators (x4)
Operations Costs
27
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