Arbitrum DAO - Ventures
Ventures Budgets (ARB)
750m
+250m
478.7m
500m
+225m
250m
+3.5m
+191.7k
+52k
0
M&A for Arbitrum ADPC Subsidy Fund Arbitrum Ventures Initiative
Gaming Catalyst Program
Arbitrum Foundation's Strategic Partnerships Budget
Total
There was no spending relating to M&A for Arbitrum, the AVI and the GCP during November 2024 (out of the multisig wallets), therefore the analysis focuses on items where spending occurred or new proposals.
ADPC Subsidy Fund
The full 3.5M ARB allocated to this venture were converted into USDC via Coinbase Prime. In total, the subsidy fund realized ~ USDC1.918M per the ADPC update thread. To date, USDC1.912M has been allocated towards security audits across 22 projects building on Arbitrum. The fees are allocated based on the tier projects fit into:
- Tier 1: 70% audit fee subsidy - Tier 2: 60% audit fee subsidy - Tier 3: 55% audit fee subsidy - Tier 4: 47% audit fee subsidy
9 shortlisted security providers will receive the subsidy payments upon completion of certain deliverables and documentation.
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