Operational Costs - ARB and USD Split
16k
60k
13.1k
13k
48k
12k
11.8k
11.5k
35.2k
34.8k
33.4k
8.9k
40k
31.7k
8k
20k
3k
4k
0
0
ARB Spend 73.4k
Stablecoin Spend 187.1k
The DDA grant program, overseen by Questbook, was successfully extended in April 2024 with an additional injection of 3.3M ARB. The program has converted ARB into stablecoins proactively at the start of each program to ensure USD-equivalent funding is locked in place from the beginning. Each program therefore used close to 100% of its ARB, either as grants or by converting into stablecoins.
Grant Spend - First Round
Questbook Grant Program ARB Funding - 1st Round
Questbook Grant Program Stablecoin Funding - 1st Round
160k
160k
160k
160k
133.7k
263.5k
111.6k
98.4k
189k
183.1k
86.4k
161.5k
156k
70k
130k
61.6k
106.4k
107.5k
48.4k
82.6k
75.5k
26.3k
54.5k
21.6k
3.6k
Gaming
Developer Tooling on NOVA
New Protocol Ideas
Education, Community growth and events
Gaming
Developer Tooling on NOVA
New Protocol Ideas
Education, Community growth and events
ARB Funding Received 640k ARB Swapped into Stablecoins 413.7k
Stablecoin Funding Received via Swaps 765.6k Stablecoin Grants Spent 478.5k Stablecoins Remaining in Wallets 287.2k
ARB Spent on Grantees 222.7k ARB Remaining in Wallets 3.6k
Grant Spend - Second Round For the second round, the ARB budget was converted into stablecoins as soon as it was received and split between the 4 program wallets. Therefore, only stablecoin spend analysis was performed.
Questbook Grant Program Stablecoin Funding - 2nd Round
1m
770.3k
770.3k
770.3k
770.3k
708.8k
699.9k
689.3k
669.6k
500k
100.7k
81k
61.5k
70.3k
0
Gaming
Developer Tooling on NOVA
New Protocol Ideas
Education, Community growth and events
Stablecoin Funding Received 3.1m
Stablecoin Grants Spent 313.5k
Stablecoins Remaining in Wallets 2.8m
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