Hey everyone, please see r3gen Finance’s December 2024 Token Flow Report for the Arbitrum DAO below:
Arbitrum Token Flow Report - December 2024
The key highlights we would like to bring to the DAO’s attention are:
- net transaction fees collected (685 ETH) amounted to 74% of total fees collected vs. 68% in November
- AIP’s allocated:
→ 252k ARB to the Arbitrum Hackathon Builder Continuation Program
→ 26M ARB to the Treasury Management V1.2 proposal (Treasury Management)
→ 7,500 ETH to the Treasury Management V1.2 proposal (Growth Management)
Actual spend for the month totaled 72M ARB, driven largely by:
→ 44.9M worth of send events out of the GCP multisig wallet
→ 26M send event to Entropy Advisors, relating to the Treasury Management proposal
→ funding spent across DAO core, grant programs, direct grants and the LTIP, which distributed 156k ARB in December
There remains opportunity to utilize unproductive assets that have already been deployed from treasury, such as:
- 31M 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
- 189k USDC in the Questbook first round wallets - this proposal passed in August 2023 and is still gradually deploying funds
We will also be preparing a summary of the payments to various contributors across all of the DAO-funded programs to outline the parties that have received compensation from the DAO and hope to share this soon.
As ever, feel free to reach out to the r3gen team with any queries or comments (TG @Jono_Gibbs).