Arbitrum DAO - DAO Core contd.
ArbitrumDAO Procurement Committee - Phase II
The ADPC Phase II AIP passed in October 2024 - the requested funding was as seen below. The proposal outlined a budget to cover Committee operations for a 6-month period.
120k
120k
120k
93k
93k
93k
54k
54k
27k
27k
27k
Member 1 - Axis Advisory
Member 2 - Areta
Member 3 - Daimon Legal
Operational Budget
USD Budget 414k
USD Spend to Date 81k
USD Remaining to be Sent 333k
The Aera vault held 408k USDC at 30 November 2024 and therefore has sufficient funding on hand to cover budgeted expenditure for this initiative - the ARB to USDC conversion strategy achieved a rate of $0.512 / ARB and therefore the budgeted 20% ARB price buffer more than covered adverse price movements.
Delegates Incentive Program (DIP)
The DIP passed on Tally in October 2024 - it aimed to build on the momentum gained from the initial period and outlined a budget for a 12-month period. The combined budget across both delegate incentive programs is outlined below.
Delegate Incentive Programs - Combined ARB Budget
+2.4m
12.1m
+369.1k
+30k
+188.2k
+9.1m
Delegate Incentives
Karma Development
Admin Costs - SEED Latam
Multisig Signers (first AIP)
Price Buffer
Total Budget
For ease of tracking total incentives and operational costs associated with Delegate Incentives, we have combined both DIP AIP's in our analysis.
DIS Spend - March 2023 to Current Month (ARB)
10m
8.2m
9.1m
5m
963.6k
369.1k
342.4k
188.2k
150.7k
37.5k
30k
30k
26.7k
0
Delegate Incentives
Karma Development
Admin Costs - SEED Latam
Multisig Signers
ARB Budget 9.7m
ARB Sent to Date 1.1m
ARB to be Sent 8.7m
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