The Arbitrum Foundation is asking the DAO for ~$43.5M to fund another year of operations. - $16M in RWAs/stablecoins - 1,740 ETH (~$3.5M) - and 230M ARB (~$24M). 230M ARB is ~3.7% of total supply. For a year. Meanwhile the DAO made $23.49M in revenue in 2025. So the Foundation is operating at 2.3x DAO revenue.(Ignas | DeFi)