DAO Monthly Token Flows November 2024
503 ETH Total Revenue Total Transaction Fee Inflows
Total Sequencer Fees Collected 163 ETH
0.68
Net Fee Flow
339 ETH Net fee flow is the total collected fee less any fee owed to the sequencer to post transactions onto the Ethereum blockchain. This is the fee that flows into the DAO's treasury.
Users of DAO-governed chains are charged fees to process transactions - these are split between Layer 1 fees to post to the Ethereum network, and Layer 2 fees for processing transactions within Arbitrum.
Sequencer fees relate to direct costs owed to the sequencer to post transactions onto Ethereum's Layer 1 blockchain. These fees are collected from users and passed on to the sequencer via smart contracts.
Net Fee / Total Fee Ratio
Transaction fee figures were obtained from Dune Analytics.
DAO Fee Inflow and Expenditure - 2024 (ARB)
300m
251.1m
250m
200m
150m
100m
49.4m
50m
27.4m
24.4m
22.7m
5.3m
5.2m
4m
4.8m
4m
1.7m
1.4m
2.3m
818.9k
1.1m
1.3m
0
-50m
Jan 24
Feb 24
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Total Transaction Fees (ARB)
Total DAO Expenditure (ARB)
Transaction fees in ETH were converted to ARB using historical price data obtained from CoinMarketCap. This conversion from ETH to ARB is used to illustrate the overarching "value flow" within the DAO and to establish a standardized nominal currency for comparing inflows and outflows to the DAO Treasury. Note that April saw a net inflow as STIP protocols returned funds. Note the significant increase in October was driven by an AIP sending 250M ARB to the Foundation - this is deemed as having been spent by the DAO and will fall under the Foundation's transparency reporting processes.
DAO Value Flow - Overview (all converted to ARB) - November 2024
Current Month Genesis to Date
Fees charged to process transactions
Transaction Fee Inflows
2,347,985
81,027,801
Sequencer costs to post on Ethereum
Sequencer Fee
(762,889)
(46,708,297)
Net Fee Flow
1,585,096
34,319,504
Net fee earned by the DAO
DAO Expenditure
(228,601)
(425,115,331)
Total DAO spending
Net Token Flows During the Period
1,356,495
(390,795,828)
Net inflows / (outflows) for the period
4
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