仲裁dao財務概述

仲裁道在最近的財務披露中，宣布總收入為1.07億美元。但是費用遠遠超過了該數字（預計未來幾年將繼續超過該數字），達到2.3億美元，淨虧損為1.24億美元。

Arbitrum, one of the premier Layer 2 scaling solutions for Ethereum, has been making significant strides in its mission to bring scalability, security, and low-cost transactions to decentralized applications.

仲裁是以太坊2層標準解決方案之一，它在其使命中取得了長足的進步，以將可擴展性，安全性和低成本交易帶給分散應用程序。

However, as with any rapidly expanding ecosystem, Arbitrum faces pressing challenges and tantalizing opportunities. Its decentralized autonomous organization—the Arbitrum DAO—has been a subject of interest, showcasing impressive growth yet highlighting some areas that warrant attention. Despite showing a net loss, the DAO has been busy diversifying its income sources and managing a strong treasury, all while the system attracts more users and new developers.

但是，與任何快速擴展的生態系統一樣，仲裁面臨緊迫的挑戰和誘人的機會。它的分散自治組織（仲裁道）一直是感興趣的主題，展示了令人印象深刻的增長，但突出了一些值得關注的領域。儘管顯示出淨損失，但DAO一直在忙於多樣化其收入來源並管理強大的財政部，而係統吸引了更多的用戶和新開發人員。

Arbitrum DAO Financial Overview

仲裁dao財務概述

The Arbitrum DAO, in its recent financial disclosure for the period, declared a total income of $107 million. But expenses far exceeded that figure (and are projected to continue exceeding it for the next several years), reaching $230 million—resulting in a net loss of $124 million.

仲裁道在該期間的最近財務披露中，總收入為1.07億美元。但是費用遠遠超過了該數字（預計未來幾年將繼續超過該數字），達到2.3億美元，淨虧損為1.24億美元。

This tells us that while the DAO is generating a pretty significant amount of revenue, its operating costs are also high and continue to grow as the ecosystem itself expands and evolves. Year-to-date (YTD), Arbitrum has generated $5.8 million in income but has faced a slightly higher expenditure of $6.5 million—resulting in an even smaller loss for the current year.

這告訴我們，儘管DAO產生了相當大的收入，但其運營成本也很高，並且隨著生態系統本身的擴展和發展，其運營成本也會繼續增長。 YOUTUM年初至今（YTD）產生了580萬美元的收入，但面臨650萬美元的支出略高，這是今年一年的損失較小。

Transaction fees remain Arbitrum’s largest source of income. They make up a whopping 92% of the DAO’s total revenue. Some 7% of the DAO’s revenue comes from treasury management (which basically just means strategic tax planning). The DAO is in such a strong cash position that even this modest source of income makes Arbitrum look much better off than it actually is.

交易費仍然是仲裁收入來源。他們佔DAO總收入的92％。 DAO收入的約7％來自國庫管理（這基本上意味著戰略稅收計劃）。 DAO處於強大的現金狀態，即使這種適度的收入來源也使仲裁看起來比實際要好得多。

Despite the overall financial picture showing the DAO losing money, on the bright side, Arbitrum is managing its treasury well and has diversified income sources. The Arbitrum organization itself is focusing on something quite specific—”scaling” the Ethereum system so that more users can enjoy its benefits. The more users there are, the more Ether is available and the more revenue the organization gets—mostly in the form of interest from the Ether they lend out.

儘管總體財務狀況顯示了道的虧損，但在光明方面，仲裁仍在管理其財政部良好的收入來源。仲裁組織本身正專注於非常具體的事情 - “縮放”以太坊系統，以便更多的用戶可以享受其好處。用戶越多，可用的以太貨幣越多，該組織獲得的收入就越多 - 主要是他們藉出的以太感興趣的形式。

The Growth of Arbitrum’s Real-World Assets (RWA)

仲裁現實世界資產（RWA）的增長

Arbitrum has progressed significantly in adopting real-world assets (RWAs), a growing trend in the blockchain ecosystem. The RWA market cap for the Arbitrum ecosystem reaches $183.3 million, with around 15% of this held by the DAO. RWAs are tokenized assets from the traditional financial world, like government bonds, real estate, and commodities. They are increasingly a part of blockchain ecosystems as a way to introduce stability and real-world value into the crypto space.

仲裁在採用現實世界中的資產（RWA）方面取得了顯著發展，這是區塊鏈生態系統的增長趨勢。仲裁生態系統的RWA市值達到1.833億美元，其中大約15％由DAO持有。 RWA是來自傳統金融世界的標記資產，例如政府債券，房地產和商品。它們越來越成為區塊鏈生態系統的一部分，作為將穩定性和現實價值引入加密空間的一種方式。

Arbitrum holds real-world assets that largely comprise U.S. Treasuries (81%) and European Union assets (15%), with a small portion (2.5%) invested in real estate. Of the DAO’s top yielded assets, BENJI stands out with a 40% holding, followed by BUIDL, which recently saw a roughly 10% week-over-week increase. These RWAs not only provide stability to the DAO’s treasury but also generate returns. For instance, Arbitrum earned $523K in interest via STEP: a protocol for tokenized, real-world asset yields.

仲裁持有的現實世界中的資產很大程度上包括美國國庫（81％）和歐盟資產（15％），其中一小部分（2.5％）投資於房地產。在DAO的最高資產中，Benji以40％的股份脫穎而出，其次是Buidl，最近每週增加了大約10％的增長。這些RWA不僅為DAO的國庫提供了穩定性，而且還產生了回報。例如，《仲裁》通過步驟獲得了52.3萬美元的利息：用於代幣化的現實資產收益的協議。

Combining DeFi innovations with stable, real-world assets positions Arbitrum as a leader in linking traditional finance with the blockchain world. The DAO seems clear in its plan to ride the tokenized real-world assets wave, a potential key driver for future growth in the ecosystem.

將Defi Innovations與穩定的現實資產立場相結合，將傳統金融與區塊鏈世界聯繫起來。 DAO似乎很清楚地駕駛代幣化的現實世界資產浪潮，這是生態系統未來增長的潛在關鍵驅動力。

Uniswap V4 on Arbitrum: A Key Milestone

Unistewap v4 intinum：關鍵里程碑

A landmark development for the Arbitrum ecosystem is the deployment of Uniswap V4, the popular decentralized exchange (DEX), on its network. Uniswap V4 on Arbitrum has enjoyed a strong reception, with a total trading volume of $521 million and $18 million in liquidity (the last 30 days saw a notable $13 million uptick in that figure). Meanwhile, fees generated by V4 trades total $266,000, and 1,000+ liquidity pools with 140 hooks now constitute 1.5% of the total decentralized exchange volume on Arbitrum.

仲裁生態系統的具有里程碑意義的開發是其網絡上流行的分散交易所（DEX）的Uniswap V4的部署。 Uniswap V4 On Diolum享有強烈的接待，總交易量為5.21億美元和1800萬美元的流動性（最近30天的這一數字中有1300萬美元的上漲）。同時，V4交易產生的費用總計266,000美元，還有1,000多個具有140個掛鉤的流動性池佔仲裁總額交易量的1.5％。

Uniswap’s ever-increasing success on Arbitrum illustrates the burgeoning adoption of this Layer 2 network. Presently, this Layer 2 network is second in adoption only to Ethereum, which is still the most accepted platform in the space. The confidence that Uniswap V4 on Arbitrum commands is evidenced by the very high volumes and liquidity that it enjoys. Overall, the situation is a reassuring one for Layer 2 networks. They continue to prove their worth to the crypto community by providing low fees, fast transactions, and a high level of reliability.

UNISWAP在仲裁方面的越來越多的成功說明了該第2層網絡的新興採用。目前，該第2層網絡僅在採用中僅次於以太坊，以太坊仍然是該空間中最受歡迎的平台。它對它所享有的很高的捲和流動性證明了對索引命令的UNISWAP V4的信心。總體而言，這種情況是第2層網絡令人放心的情況。他們繼續通過提供低費用，快速交易和高度可靠性來證明其價值。

Ethena Labs and Strong TVL Growth

Ethena Labs和強大的TVL增長

The success of platforms like Ethena Labs also mirrors

Ethena Labs等平台的成功也鏡子