仲裁dao财务概述

仲裁道在最近的财务披露中，宣布总收入为1.07亿美元。但是费用远远超过了该数字（预计未来几年将继续超过该数字），达到2.3亿美元，净亏损为1.24亿美元。

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层标准解决方案之一，它在其使命中取得了长足的进步，以将可扩展性，安全性和低成本交易带给分散应用程序。

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，与任何快速扩展的生态系统一样，仲裁面临紧迫的挑战和诱人的机会。它的分散自治组织（仲裁道）一直是感兴趣的主题，展示了令人印象深刻的增长，但突出了一些值得关注的领域。尽管显示出净损失，但DAO一直在忙于多样化其收入来源并管理强大的财政部，而系统吸引了更多的用户和新开发人员。

Arbitrum DAO Financial Overview

仲裁dao财务概述

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.

仲裁道在该期间的最近财务披露中，总收入为1.07亿美元。但是费用远远超过了该数字（预计未来几年将继续超过该数字），达到2.3亿美元，净亏损为1.24亿美元。

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.

这告诉我们，尽管DAO产生了相当大的收入，但其运营成本也很高，并且随着生态系统本身的扩展和发展，其运营成本也会继续增长。 YOUTUM年初至今（YTD）产生了580万美元的收入，但面临650万美元的支出略高，这是今年一年的损失较小。

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.

交易费仍然是仲裁收入来源。他们占DAO总收入的92％。 DAO收入的约7％来自国库管理（这基本上意味着战略税收计划）。 DAO处于强大的现金状态，即使这种适度的收入来源也使仲裁看起来比实际要好得多。

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.

尽管总体财务状况显示了道的亏损，但在光明方面，仲裁仍在管理其财政部良好的收入来源。仲裁组织本身正专注于非常具体的事情 - “缩放”以太坊系统，以便更多的用户可以享受其好处。用户越多，可用的以太货币越多，该组织获得的收入就越多 - 主要是他们借出的以太感兴趣的形式。

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

仲裁现实世界资产（RWA）的增长

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.

仲裁在采用现实世界中的资产（RWA）方面取得了显着发展，这是区块链生态系统的增长趋势。仲裁生态系统的RWA市值达到1.833亿美元，其中大约15％由DAO持有。 RWA是来自传统金融世界的标记资产，例如政府债券，房地产和商品。它们越来越成为区块链生态系统的一部分，作为将稳定性和现实价值引入加密空间的一种方式。

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.

仲裁持有的现实世界中的资产很大程度上包括美国国库（81％）和欧盟资产（15％），其中一小部分（2.5％）投资于房地产。在DAO的最高资产中，Benji以40％的股份脱颖而出，其次是Buidl，最近每周增加了大约10％的增长。这些RWA不仅为DAO的国库提供了稳定性，而且还产生了回报。例如，《仲裁》通过步骤获得了52.3万美元的利息：用于代币化的现实资产收益的协议。

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.

将Defi Innovations与稳定的现实资产立场相结合，将传统金融与区块链世界联系起来。 DAO似乎很清楚地驾驶代币化的现实世界资产浪潮，这是生态系统未来增长的潜在关键驱动力。

Uniswap V4 on Arbitrum: A Key Milestone

Unistewap v4 intinum：关键里程碑

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.

仲裁生态系统的具有里程碑意义的开发是其网络上流行的分散交易所（DEX）的Uniswap V4的部署。 Uniswap V4 On Diolum享有强烈的接待，总交易量为5.21亿美元和1800万美元的流动性（最近30天的这一数字中有1300万美元的上涨）。同时，V4交易产生的费用总计266,000美元，还有1,000多个具有140个挂钩的流动性池，占仲裁总额交易量的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在仲裁方面的越来越多的成功说明了该第2层网络的新兴采用。目前，该第2层网络仅在采用中仅次于以太坊，以太坊仍然是该空间中最受欢迎的平台。它对它所享有的很高的卷和流动性证明了对索引命令的UNISWAP V4的信心。总体而言，这种情况是第2层网络令人放心的情况。他们继续通过提供低费用，快速交易和高度可靠性来证明其价值。

Ethena Labs and Strong TVL Growth

Ethena Labs和强大的TVL增长

The success of platforms like Ethena Labs also mirrors

Ethena Labs等平台的成功也镜子