Arbitrum DAO Expenditure
The Arbitrum DAO has committed (and plans to continue to commit) a material portion of its treasury towards funding growth within the Arbitrum ecosystem. This report divided spending across 6 major categories:
Long term programs, committees or groups funded by and supporting the effective functioning of the Arbitrum DAO. Provide services to and are approved and funded directly by the DAO (not via a Grants Program). Funds in multisig wallets are treated as DAO funds until they are distributed to third parties.
DAO Core
Ecosystem Incentives
Funds for users in the Arbitrum ecosystem distributed to them via protocols built on Arbitrum. Used to directly incentivise network and user growth on Arbitrum. Funds in multisig wallets are treated as DAO funds until they are sent to protocols for subsequent distribution to users.
Funds earmarked for major initiatives and ventures within the DAO ecosystem, aimed at addressing a certain identified area for development within the DAO. Generally facilitated via working groups and/or DAO-elected councils. Funds in multisig wallets are treated as DAO funds until distributed to third parties.
Ventures
Treasury Diversification
Funds moved out of the DAO's treasury holdings and deployed into investments aiming to generate returns for the DAO that aren't in its native ARB token. Funds sent out of the multisig to service treasury diversification providers are treated as DAO funds. Funds spent on operational costs are considered spent.
Grants Programs
Grants Program fund many different contributors, initiatives and builders within Arbitrum DAO. Each Grant Program will fund many grant initiatives. Funds in multisig wallets are treated as DAO funds until they are sent to grant program managers or grantee.
One off funding/grants for external service providers or protocols to deliver specific work within a stated remit. Proposal must have been approved directly through on-chain governance. Funds in multisig wallets are treated as spent funds when sent to the service provider or protocol.
Direct Grants
Allocated Treasury Spend - March 2023 to September 2024 (ARB)
Actual Spend - March 2023 to September 2024 (ARB)
DAO Core 10.5m (2.4%) Ecosystem Incentives 154.9m (34.9%) Ventures 228.7m (51.5%) Treasury Diversification 35.3m (7.9%) Grant Programs 10.3m (2.3%) Direct Grants 4.3m (1.0%)
DAO Core 8.7m (5.0%) Ecosystem Incentives 116.3m (66.9%) Ventures 1.6m (0.9%) Treasury Diversification 35.3m (20.3%) Grant Programs 7.9m (4.5%) Direct Grants 4.1m (2.4%)
Note differences between allocated and actual spend relates to either proposals not spending its allocated funding, or to proposals that are still live and in the process of deploying their funding. 9
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