ARDC Bi-Weekly Office Hours Meeting Minutes

Date: Thursday, July 10, 2025

Meeting Type: ARDC Bi-Weekly Office Hours

Executive Summary

This was the final ARDC office hours meeting before the term conclusion on July 12th. The primary focus was presenting the comprehensive ecosystem mapping report conducted by Castle Capital and DeFi Llama, analyzing 10 DeFi verticals to identify growth opportunities for Arbitrum.

Key Agenda Items

1. ARDC Term Conclusion Update (Pruitt)

• Final Status: ARDC term ending July 12, 2025 - not being extended based on snapshot vote
• Budget Utilization: Approximately 30% of total allocated budget used (~$270,000 expected final)
• Final Deliverable: Ecosystem mapping report near completion, to be posted on forum this weekend
• Wind-down Process:
  • Final invoices being collected
  • Remaining ARB and USDC to be returned to DAO Treasury
  • Entropy managing final payments through Arbitrum Foundation

2. Ecosystem Mapping Report Presentation (Castle Capital & DeFi Llama)

Research Methodology

• Quantitative Analysis: TVL, fees, revenue, and vertical-specific KPIs across all chains
• Qualitative Analysis: Feature mapping and go-to-market strategy assessment
• Feasibility Scoring: EVM compatibility, L2 deployment history, partnership openness
• 10 Verticals Analyzed: DEXs, derivatives, lending, yield, restaking, liquid restaking, tokenization, RWA, basis trading, CDP

Key Findings by Vertical

DEXs

• Arbitrum has solid stable volume but limited growth