Treasury
ARB Treasury Holdings 2.8B
The Arbitrum DAO's treasury holds mainly cryptocurrency, with the majority being its native ARB token. It's important to note that the composition of the treasury holdings is subject to change due to various factors, including fee inflows, outflows, and spending approved by the DAO.
Balance in native ARB token within the DAO's treasury wallet. See below for additional holdings across DAO controlled wallets.
DAO Assets - Converted into USD
Net Transaction Fees
18.1k
BoLD Validator Send ETH Attackathon Send Treasury Management Send
(5.1k) (0.03k) (7.5k)
ETH Treasury Holdings 5.4k
NET DAO ETH
5.5k
ARB Holdings 1b (94.6%) ETH Holdings 23.1m (2.2%) USD Holdings 33.9m (3.2%)
ETH in Fee Wallets ETH in L2 Treasury Wallet
0.1k 5.4k
The majority of the DAO's treasury is therefore held in its native token, ARB. It also holds ETH from transaction fees, as well as US Dollar-linked investments mainly via the STEP program.
NET DAO Treasury ETH
5.5k
It is worth drawing attention to the fact that the ARB tokens sitting in "treasury" are represented in native ARB token and not a fiat or other cryptocurrency equivalent - much discussion has been had around this point but it is clear that the value of treasury ARB cannot be priced at current ARB market prices. These tokens are effectively out of circulating supply and are similar to a traditional company holding its own stock as treasury shares. If the DAO were to decide to deploy its entire ARB balance, the market would be flooded with liquidity and the price of ARB would be materially impacted. Any proposal moving ARB out of treasury holdings and into the market will have an inflationary impact on the price of ARB (i.e. cet. par . proposals moving ARB out of treasury will cause the price of ARB to fall relative to e.g. the USD).
Treasury Holding - ARB and USD Overview
USD Stablecoin Holdings
ARB Holdings
DAO Treasury
2,793,293,010 155,608,333 35,125,000 30,000,000
Catalyze Gaming Ecosystem Growth
STEP 2.0
OpCo
Entropy - Treasury Management and Events Domain Allocator Offerings Season 3
26,749,998 21,627,138 9,160,000 9,062,870 7,000,000 291,013
Sylus Sprint
DIS - New Multisig
Event Horizon Arbitrum MSS
ARDC v2
90,826 3,556
Questbook Wallets
871,293 615,710 89,313
DAO Season 3 e728 Wallet
DAO Treasury ADPC - Aera Vault ADPC - Multisig
1,996
33,880
ADPC Phase II Multisig
1,561,534 30,767,805 33,941,531
STEP (using most recent 28 Feb report)
TOTAL
3,088,011,743
Note immaterial balances not included.
7
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