Name Arbitrum DAO Type Protoc…of the largest DAO treasuries —– billions of ARB (track live o…mbership/dao-legal-structures)

The Arbitrum DAO governs Arbi…ARB, the largest single share —– about 42.78% —– was allocated to the DAO trea…bility-distribution) ) AIP-1 —– the launch controversy The D…tokens had already been moved —– and that the Foundation had a…er and converted more to fiat —– before the vote concluded, wh…hrough the Governor contracts —– the Core governor for Constit…reasury governor for the rest —– with the interface hosted for…) , which stacks a third body —– a Guardians veto —– on top of the Assembly and Co…-management) in the industry —– its dollar value swings heavi…. The scale of these programs —– and debates over whether spending outruns revenue —– has made treasury discipline …s, and executes DAO decisions —– and is itself accountable to …foundation/dao-constitution) —– the governing ruleset. - Ar…/forum.arbitrum.foundation/) —– where AIPs originate. - Arb…lt.gov.arbitrum.foundation/) —– the Foundation's on-chain pro…/governance-ui-update/30837) —– the Foundation's forum notice…on-and-dao-governance/13362) —– the post-controversy remedies…/l2beat.com/scaling/summary) —– live rollup standing and value secured.

The Arbitrum DAO governs Arbi…dy made rather than a request.The community rejected AIP-1 d…E37DF6EA38395B9) as a backup.The Governors themselves did n… 178m ARB for and 35k against.A second check, closed on 9 J…up standing and value secured.

The Arbitrum DAO governs Arbi…rface (https://snapshot.box/#/org/arbitrumarb1:0xf07DeD9dC292157749B6Fd268E37DF6EA38395B9) as a backup. The Governors …up standing and value secured.

The Arbitrum DAO governs Arbi…he three returned the funds. The DAO also wound down Arbitrum Gaming Ventures (AGV), the venture fund set up under its Gaming Catalyst Program with 225m ARB to back gaming and consumer start-ups. A Snapshot vote (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x05dcd430c800d5cd0763cd2424033739abab0f3117ee7423d90f59ef56f9b41d) that closed on 2 July passed with 191m ARB for and 8k against. Under the proposal (https://forum.arbitrum.foundation/t/agv-wind-down-structured-transition-return-of-capital-to-the-dao-treasury/31012) , AGV makes no new investments and runs only its existing portfolio until the end of 2026, and about 143.7m ARB goes back to the DAO treasury: 86.2m that the Arbitrum Foundation still held and 57.5m held by AGV. The Arbitrum OpCo Foundation carries out the wind-down in place of AGV's council. Foundation and Offchain Labs …up standing and value secured.

Name Arbitrum DAO Type Protoc…p-check → on-chain Governors (Tallyvoted through the Foundation's own interface (https://alt.gov.arbitrum.foundation/) since April 2026, Tally (/wiki/dao-governance/tooling/voting/tally) before) + a 12-member Security Counc…illions of ARB (track live on DeepDAO / Tally(/wiki/dao-governance/tooling/analytics/deepdao) ) Notable for The AIP-1 launc…docs.arbitrum.foundation/) , TallyArbitrum governance portalinterface (https://www.tally.xyz/alt.gov/.arbitrum.foundation/) Related Optimism Collecti…mbership/dao-legal-structures)

The Arbitrum DAO governs Arbi…t — with the interface hosted on Tally (https://www.tally.xyz/gov/arbitrum) for its first three years on Tally (/wiki/dao-governance/tooling/voting/tally) . When Tally announced it was winding down, the Foundation and Offchain Labs built a replacement, live at alt.gov.arbitrum.foundation (https://alt.gov.arbitrum.foundation/) from 28 April 2026 (https://forum.arbitrum.foundation/t/governance-ui-update/30837) with voting and the Security Council election first, then proposal creation, delegation and delegate profiles by 18 June, and asked Snapshot to add the Governor contracts to its interface (https://snapshot.box/#/org/arbitrum) as a backup. The Governors themselves did not change, only the front-end. Read on 10 October 2026, Arbitrum's page on tally.xyz says the DAO is archived and governance actions are disabled. A 12-member Security Council…e figures are best read from Tally (https://www.tally.xyz/gov/arbitrum/treasuryDeepDAO (/wiki/dao-governance/tooling/analytics/deepdao) rather than a fixed number.…) — where AIPs originate. - Tally: Arbitrum gGovernance (https://www.tally.xyz/alt.gov/.arbitrum) — on-chain proposals and treasury.foundation/) — the Foundation's on-chain proposal and voting interface since April 2026. - Governance UI Update (https://forum.arbitrum.foundation/t/governance-ui-update/30837) — the Foundation's forum notice of the replacement for Tally (28 April 2026, feature update 18 June). - AIP-1.1 (https://forum.a…up standing and value secured.

The Arbitrum DAO governs Arbi… ARB to protocols in late 2023 as revocable Hedgey (/wiki/dao-governance/tooling/treasury/hedgey) vesting streams, followed by a ~21M ARB backf…up standing and value secured.

The Arbitrum DAO governs Arbi…tive-program-on-arbitrum/) ) Governance in 2026 In 2026 the DAO voted to change how Arbitrum One orders transactions and to sell earlier access to its data. Timeboost (https://docs.arbitrum.io/how-arbitrum-works/timeboost/gentle-introduction) , which auctions a short head start in transaction ordering, is to give way to priority gas auctions, in which a transaction pays a higher fee for an earlier place; the temperature check (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0xb380013efad355a9888561e1a108f0e6344f2e39c11087bb9043378d14ecec4d) closed on 25 June with 178m ARB for and 35k against. A second check, closed on 9 July (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0xe98ec21fc4212d98ef86d513b69e24c7d082359d735632bb4e4d9df3e857fde9) , approved the Fast Feed, a paid subscription that shows transactions and their ordering before the public feed does, with 97% of its revenue routed to the DAO and 3% to the Arbitrum Developer Guild (https://forum.arbitrum.foundation/t/31279) . The two went to one constitutional vote on-chain, which closed on 3 September with 176.8m ARB for and none against. The Core Governor (https://alt.gov.arbitrum.foundation/proposal/104933844856336554027758452704713321330340501652892001249184191934279866979282?govId=eip155:42161:0xf07DeD9dC292157749B6Fd268E37DF6EA38395B9) records it as executed, and a constitutional AIP then waits out the delays the Constitution (https://docs.arbitrum.foundation/dao-constitution) sets before it takes effect. The DAO also began barring grant recipients that misused its money. Its Watchdog Program (https://forum.arbitrum.foundation/t/watchdog-retrospective/30732) pays bounties for verified reports of misused DAO funds, and by 2 September it had taken 90 reports, recovered about 532k ARB and paid about 268k ARB to reporters. On 17 September delegates voted in three Snapshot polls to ban Good Entry, Limitless and APX Finance (formerly ApolloX) from every future DAO program, each with about 164m ARB for and no more than 16k against ( Good Entry (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x472fb3b40d3df9b1a65de03b85e4867a76f7b1ec014e2d69f347256b0d08184c) , Limitless (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0x57e83d4df2139ff67626852cf2693146318492cc973ba5084a2a2625e78578a9) , APX Finance (https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0xddcea6a783aaabce1d616508999078e45ca95932b2b536c0620a9f5e57fa1899) ). The Watchdog Committee's case (https://forum.arbitrum.foundation/t/banning-projects-identified-in-the-high-severity-watchdog-program-cases/31407) was 142,839 ARB paid to 1,032 ineligible users and suspected self-farming in the 2023 Short-Term Incentive Program for Good Entry, 75,000 ARB swapped to USDC and bridged to Base for Limitless, and 239,714 ARB left undistributed, distributed late or farmed by linked wallets for APX Finance. None of the three returned the funds. Foundation and Offchain Labs …up standing and value secured.

The Arbitrum DAO governs Arbi…hat can pre-spend its treasury —: funds leave only through a P…i/governance/proposals) that passewins the vote and clears an execution delay (/wiki/governance/execution) — and athen survives a market window. The contract executes the action (/wiki/governance/execution) only if the caper's average price over that window holds at or above a baseline locked when the window opened, and a passed action nobody executes within a fixed deadline lapses. Any member who has votedcast a ballot and disagrees with where the …sized by their own vote weight before the action lands, rather than depend on a gover…up standing and value secured.

The Arbitrum DAO governs Arbi… and any member who has voted or traded and disagrees with where the t…up standing and value secured.

The Arbitrum DAO governs Arbi… and any member who has voted or traded and disagrees with where the t…up standing and value secured.

The Arbitrum DAO governs Arbi…cution) — and any member who has voted and disagrees with where the treas…y is heading can exit (/wiki/governance/executionfoundations/leaving-a-caper) for a treasury share sized …up standing and value secured.

The Arbitrum DAO governs Arbi…ki/governance/execution) for their pro-rata sharea treasury share sized by their own vote weight rather than depend on a gover…up standing and value secured.

Name Arbitrum DAO Type Protoc…timism Collective (/wiki/daos/organizations/networks/optimism-collective) …mbership/dao-legal-structures)

The Arbitrum DAO governs Arbi…Ethereum Layer-2 (/wiki/daos/organizations/networks/optimism-collective) …Ksync's ZK Nation (/wiki/daos/organizations/networks/zksync-era) , which s…e figures are best read from DeepDAO (https://deepdao.io/) or Tally (https://www.tally.xyz/g…up standing and value secured.

Name Arbitrum DAO Type Protoc…del Token-weighted (/wiki/daos-governance/concepts/voting/token-weighte…voting) : Snapshot (/wiki/daos-governance/tooling/voting/snapshot) tem…Treasury management (/wiki/daos-governance/concepts/treasury/dao-treasur…, Legal structures (/wiki/daos-governance/concepts/membership/dao-legal-structures)

The Arbitrum DAO governs Arbi…off-chain Snapshot (/wiki/daos-governance/tooling/voting/snapshot) tem…n/concepts/security-council) ) A newer take on the same "token vote plus a technical Security Council" pattern is ZKsync's ZK Nation (/wiki/daos/organizations/networks/zksync-era) , which stacks a third body — a Guardians veto — on top of the Assembly and Council. Treasury and incentive progr… largest treasuries (/wiki/daos-governance/concepts/treasury/dao-treasur…up standing and value secured.

Name Arbitrum DAO Type Protoc…del Token-weighted (/wiki/daos/concepts/voting/token-weighted-voting) : Snapshot (/wiki/daos/tooling/voting/snapshot) temp-check → on-cha…Optimism Collective (/wiki/dao/ecosystems/organizations/networks/optimism-collective) , Treasury management (/wiki/daos/concepts/treasury/dao-treasury-management) , Legal structures (/wiki/daos/concepts/membership/dao-legal-structures)

The Arbitrum DAO governs Arbi…g Ethereum Layer-2 (/wiki/dao/ecosystems/organizations/networks/optimism-collective) ecosyst…off-chain Snapshot (/wiki/daos/tooling/voting/snapshot) temperature check, … largest treasuries (/wiki/daos/concepts/treasury/dao-treasury-management) in t…up standing and value secured.

Name Arbitrum DAO Type Protocol DAO (Ethereum Layer-2 rollup) Governance token ARB (airdropped 23 March 2023; ~10B supply) Governance model Token-weighted (/wiki/dao/concepts/token-weighted-voting) : Snapshot (/wiki/dao/tooling/snapshot) temp-check → on-chain Governors (Tally) + a 12-member Security Council Treasury One of the largest DAO treasuries — billions of ARB (track live on DeepDAO / Tally) Notable for The AIP-1 launch controversy; large-scale incentive programs (STIP, LTIPP, Gaming Catalyst) Primary sources forum.arbitrum.foundation (https://forum.arbitrum.foundation/) , docs.arbitrum.foundation (https://docs.arbitrum.foundation/) , Tally governance portal (https://www.tally.xyz/gov/arbitrum) Related Optimism Collective (/wiki/dao/ecosystem/optimism-collective) , Treasury management (/wiki/dao/concepts/dao-treasury-management) , Legal structures (/wiki/dao/concepts/dao-legal-structures)

The Arbitrum DAO governs Arbitrum (https://arbitrum.io/) , a leading Ethereum Layer-2 (/wiki/dao/ecosystem/optimism-collective) ecosystem built on optimistic-rollup technology. It comprises Arbitrum One (a full rollup), Arbitrum Nova (an AnyTrust chain for gaming and social apps), and the Orbit / Arbitrum Chains framework for launching further chains. Arbitrum One is routinely the single largest rollup by value secured, tracked live on L2Beat (https://l2beat.com/scaling/summary) . Holders of the ARB token, and the delegates they choose, govern the chains, the treasury, and an elected Security Council. ( Arbitrum docs: a gentle introduction (https://docs.arbitrum.io/welcome/arbitrum-gentle-introduction) ) ARB and the transition to a DAO Arbitrum was built by Offchain Labs, the company founded in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner. On 23 March 2023 the ARB token launched via a broad airdrop, handing governance to the newly-formed Arbitrum DAO. Of an initial supply of roughly 10 billion ARB, the largest single share — about 42.78% — was allocated to the DAO treasury, with the remainder split across the team, investors, the user airdrop, and the Arbitrum Foundation. ( Arbitrum Foundation: airdrop distribution (https://docs.arbitrum.foundation/airdrop-eligibility-distribution) ) AIP-1 — the launch controversy The DAO's very first proposal became one of the industry's cautionary tales. Posted on 15 March 2023, AIP-1 was an omnibus package that, among many other things, designated 750 million ARB (7.5% of supply, then worth roughly $1 billion) to a Foundation-controlled "Administrative Budget Wallet." Delegates discovered that the tokens had already been moved — and that the Foundation had already loaned 40M ARB to a market maker and converted more to fiat — before the vote concluded, which the Foundation framed as a "ratification" of decisions already made rather than a request. The community rejected AIP-1 decisively (over three-quarters of votes against), and the Foundation split it into AIP-1.1 (placing 700M ARB under a four-year lockup and setting a transparent operating budget) and AIP-1.2 (which, among other changes, lowered the on-chain proposal threshold from 5,000,000 to 1,000,000 ARB and affirmed the DAO's power to replace Foundation directors). It remains a landmark case study in the gap between a DAO's launch messaging and its actual power. ( CoinDesk (https://www.coindesk.com/business/2023/04/02/contentious-arbitrum-vote-over-1b-in-tokens-ratification-not-request-says-foundation) ; AIP-1.1 (https://forum.arbitrum.foundation/t/proposal-aip-1-1-lockup-budget-transparency/13360) ; AIP-1.2 (https://forum.arbitrum.foundation/t/proposal-aip-1-2-foundation-and-dao-governance/13362) ) Governance structure Arbitrum governance runs under the Constitution of the Arbitrum DAO, which sorts proposals into two tracks: Constitutional AIPs (amending the Constitution, installing or modifying chain software, or exercising chain-owner powers) and Non-Constitutional AIPs (treasury spends, grants, and signaling). A proposal typically begins with an off-chain Snapshot (/wiki/dao/tooling/snapshot) temperature check, then moves to a binding on-chain vote through the Governor contracts — the Core governor for Constitutional matters (higher quorum) and the Treasury governor for the rest — with the interface hosted on Tally (https://www.tally.xyz/gov/arbitrum) . A 12-member Security Council, split into two six-seat cohorts elected by the DAO every six months, can take emergency and non-emergency actions but only with a 9-of-12 supermajority; ordinary treasury and chain actions clear multi-day timelocks before they execute. ( Arbitrum Constitution (https://docs.arbitrum.foundation/dao-constitution) ; Security Council (https://docs.arbitrum.foundation/concepts/security-council) ) Treasury and incentive programs Holding billions of ARB, the DAO runs one of the largest treasuries (/wiki/dao/concepts/dao-treasury-management) in the industry — its dollar value swings heavily with the ARB price, so live figures are best read from DeepDAO (https://deepdao.io/) or Tally (https://www.tally.xyz/gov/arbitrum/treasury) rather than a fixed number. Much of the DAO's activity has been deploying that treasury as ecosystem incentives: the Short-Term Incentive Program (STIP) distributed 50M ARB to protocols in late 2023, followed by a ~21M ARB backfund; the Long-Term Incentive Pilot Program (LTIPP) allocated up to 45M ARB in 2024; the Gaming Catalyst Program (GCP) earmarked 200M ARB for game development; and the DRIP DeFi program and STEP real-world-asset allocations followed in 2025. The scale of these programs — and debates over whether spending outruns revenue — has made treasury discipline the DAO's central governance theme. ( STIP proposal (https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131) ; DRIP (https://blog.arbitrum.io/introducing-drip-the-defi-renaissance-incentive-program-on-arbitrum/) ) Foundation and Offchain Labs Two entities sit alongside the DAO. Offchain Labs is the private company that builds the Arbitrum technology; the Arbitrum Foundation is a Cayman Islands foundation that administers governance, handles legal and regulatory matters, and executes DAO decisions — and is itself accountable to the DAO, which can elect and remove its directors. The Foundation received 7.5% of ARB at genesis and contracts with Offchain Labs for core development; the closeness of these "Arbitrum-aligned entities" is a recurring subject of governance scrutiny. ( Arbitrum Foundation overview (https://docs.arbitrum.foundation/what-foundation) ) How Caper approaches this AIP-1 is the cautionary tale a caper (/wiki/foundations/what-is-a-caper) is built to avoid: a foundation moved and spent treasury funds before the ratifying vote had concluded. A caper has no administrative wallet that can pre-spend its treasury — funds leave only through a PAYOUT or INVEST proposal (/wiki/governance/proposals) that passes the vote and clears an execution delay (/wiki/governance/execution) — and any member who disagrees with where the treasury is heading can exit (/wiki/governance/execution) for their pro-rata share rather than depend on a governance fight to claw funds back. The mechanics are described neutrally on those Caper pages. References - Constitution of the Arbitrum DAO (https://docs.arbitrum.foundation/dao-constitution) — the governing ruleset. - Arbitrum DAO Governance Forum (https://forum.arbitrum.foundation/) — where AIPs originate. - Tally: Arbitrum governance (https://www.tally.xyz/gov/arbitrum) — on-chain proposals and treasury. - AIP-1.1 (https://forum.arbitrum.foundation/t/proposal-aip-1-1-lockup-budget-transparency/13360) and AIP-1.2 (https://forum.arbitrum.foundation/t/proposal-aip-1-2-foundation-and-dao-governance/13362) — the post-controversy remedies. - L2Beat (https://l2beat.com/scaling/summary) — live rollup standing and value secured.