$ARB surged about 30% yesterday, but Robinhood Chain revenue first flows to the DAO, not to ARB holders yet. The earlier judgment required first seeing holder value consolidated, so we just observed. Now the view holds true.
Officially confirmed: 8% of the net protocol revenue goes to the DAO and 2% to the developer guild. DefiLlama shows chain revenue over the past 24 hours is about $1.918 million, indicating that the adopted tech stack generates revenue. The issue is that gas is paid in ETH, and there is currently no automatic buyback, burn, or distribution.
Spot volume over the past 24 hours is about $48.12 million—14 times the 30-day median, and it has now fallen 7.8%. Not trading at the moment. Going forward, we’ll only watch whether the DAO establishes an auditable ARB value consolidation mechanism. Once it’s implemented, we’ll reassess.
#ARB #Arbitrum #RobinhoodChain
Officially confirmed: 8% of the net protocol revenue goes to the DAO and 2% to the developer guild. DefiLlama shows chain revenue over the past 24 hours is about $1.918 million, indicating that the adopted tech stack generates revenue. The issue is that gas is paid in ETH, and there is currently no automatic buyback, burn, or distribution.
Spot volume over the past 24 hours is about $48.12 million—14 times the 30-day median, and it has now fallen 7.8%. Not trading at the moment. Going forward, we’ll only watch whether the DAO establishes an auditable ARB value consolidation mechanism. Once it’s implemented, we’ll reassess.
#ARB #Arbitrum #RobinhoodChain
