Hey everyone, please see r3gen Finance’s October 2024 Token Flow Report for the Arbitrum DAO below:
Token Flow Report - October 2024
The key highlights we would like to bring to the DAO’s attention are:
- net transaction fees collected (195 ETH) amounted to 71% of total fees collected vs. 80% in September
- AIP’s allocated:
→ 30 ETH to the Ethereum Foundation’s Attackathon sponsorship
→ 955k ARB to the ArbitrumDAO Procurement Committee Phase II
→ 250M ARB to the Arbitrum Foundation to bolster strategic partnerships
→ 10.6M ARB to the next phase of the Delegate Incentive Program
→ 5.3M ARB to fund the Stylus Sprint
Actual spend for the month totaled 251M ARB given the large send event to the Foundation - while the AF has not spent all of this ARB, it no longer sits in the DAO’s treasury and has therefore been deemed to have been spent in this report and will fall under the AF’s transparency reports going forward.
There remains opportunity to utilize unproductive assets that have already been deployed from treasury, such as
- 30M ARB sitting in the LTIP multisig
- unclaimed ARB in the Hedgey vesting contract from protocols that didn’t claim their full STIP / LTIP allocations (>2M ARB)
- 518k ARB remaining in the Plurality Labs grants safety multisig from the first PL grant program, where no grant spend has occurred since July 2024
- 219k USDC in the Questbook first round wallets, where 70k USDC has been sent to grantees over the past 4 months
As ever, feel free to reach out to the r3gen team with any queries or comments.