# ARL Supply Cap and Treasury Allocation

Areal Finance's proposal "ARL Supply Cap and Treasury Allocation" is live and currently failing by 0.84%; the result can still change. $1.02K traded across 126 trades by 7 traders.

A Areal Finance governance proposal decided by a futarchy decision market, as analysed on 01Resolved. Data as of 2026-10-16 07:35 UTC.

- [Proposal page](https://www.01resolved.com/areal-finance/proposals/C6XbC4GN8oL4eJanrnYGYZL8449MtejEnLxw5GcCVYrw): charts, comparables, and every trade.
- [Areal Finance summary](https://www.01resolved.com/ai/projects/areal-finance.md) and [all proposals](https://www.01resolved.com/areal-finance/proposals).

## Outcome

| Metric | Value |
| --- | --- |
| Status | Live |
| Result | – |
| Start (UTC) | 2026-10-14 11:26 |
| End (UTC) | 2026-10-17 11:26 |
| TWAP window starts (UTC) | 2026-10-15 11:26 |
| Staked | 100% |
| Pass threshold | -3% |
| Failing by | 0.84% |
| Approved TWAP | $0.002341 |
| Rejected TWAP | $0.002434 |

The proposal passes when the approved (pass) TWAP beats the rejected (fail) TWAP by more than the threshold. A live proposal's standing can still change.

## Market overview

| Metric | Value |
| --- | --- |
| Pass pool TVL | $61.82 |
| Fail pool TVL | $61.27 |
| Net volume tilt (toward pass) | -5.47% |
| Net trader tilt (toward pass) | 0% |
| Total trades | 126 |
| Total volume | $1.02K |

## Outcome strength

| Metric | Value |
| --- | --- |
| Traders, pass-aligned | 50.00% (6) |
| Traders, fail-aligned | 50.00% (6) |
| Volume, pass-aligned | 47.26% ($486.14) |
| Volume, fail-aligned | 52.74% ($542.43) |
| Late conviction | Low |

Net pass-aligned volume accumulated before the TWAP window: -$2.67; during it: -$53.62.

Pass-aligned means buying pass or selling fail; fail-aligned is the reverse. Strong participation alone does not show that a decision was economically correct.

## Trade activity

| Metric | Value |
| --- | --- |
| Unique traders | 7 |
| Repeat traders (across Areal Finance decision markets) | 85.71% |
| Largest single trade | $55 (Pass-buy) |
| Average trade value | $8.16 |

## Proposal text

As submitted by the proposer; not written or verified by 01Resolved.

##### 1. Decision

Complete ARL issuance, permanently end future minting, and fund the team and early-participant reward program from a defined allocation within the final supply.

This proposal authorizes:

1. Minting the amount required to bring total ARL supply to **1,000,000,000 ARL**, with all newly minted tokens initially received by the DAO treasury.
2. Transferring **10,000,000 ARL** from the DAO treasury to the designated team wallet: **5,000,000 ARL for early-participant rewards** and **5,000,000 ARL for team operations and project development**.
3. Permanently revoking ARL mint authority by setting it to **None**.

The issuance, allocation and revocation must execute atomically through the DAO governance transaction. If any required instruction fails, none of these changes takes effect. The transaction must reject execution if the supply used to calculate the issuance has changed.

##### 2. Final supply and treasury reserve

A finalized Solana mainnet snapshot on **14 October 2026**, at slot **456792365**, recorded **25,790,675.160936 ARL** in total supply. ARL uses six decimal places, and mint authority remains with the DAO treasury.

| Item | ARL |
| :--- | ---: |
| Existing total supply | 25,790,675.160936 |
| New issuance to the DAO treasury | **974,209,324.839064** |
| Total supply immediately after execution | **1,000,000,000** |
| Allocation to the team wallet | **10,000,000** |
| New issuance retained in the DAO treasury | **964,209,324.839064** |

The billion-token figure is the **final total supply**, including all tokens already issued. It is not an additional billion tokens. Existing holder and liquidity-pool balances are not transferred by this proposal. Their combined share of the final total supply will be approximately **2.5791%**; the newly created treasury reserve is not the same as circulating supply.

After mint authority is revoked, no account—including the DAO or team—can mint additional tokens using this ARL mint. Burns can reduce total supply below one billion, and burned ARL cannot be reissued.

The remaining treasury reserve stays under DAO control. Its use requires authorization through the DAO's Futarchy governance. This proposal provides no additional spending allowance over that reserve.

##### 3. Team and reward allocation

Transfer **10,000,000 ARL in one transfer** to the ARL token account owned by the designated team wallet:

`ApDQBVjwy47EAffSehF8k18orUbJaLSURVEdx95bV8oA`

| Purpose | ARL | Administration |
| :--- | ---: | :--- |
| Early-participant rewards | **5,000,000** | Reserved exclusively for the program below |
| Team operations and project development | **5,000,000** | Available to the team upon execution |
| Total | **10,000,000** | One transfer from the DAO treasury |

The reward allocation is not team compensation. The team must account separately for reward funds and operating funds, even though both allocations are received by the same wallet.

The earlier [Early Participant Rewards and RWT Retirement proposal](https://metadao.fi/decisions/ga9ksryn) ended in **Failed / Rejected** status, and its 5,000,000 ARL mint instruction was not executed. This proposal adopts the reward program and funds it within the 10,000,000 ARL allocation above. It does not create a second 5,000,000 ARL reward entitlement or authorize execution of the rejected proposal.

##### 4. Early-participant eligibility and deadline

Participants must send eligible legacy tokens on **Solana mainnet** to:

`8oDmsqRtXfrAFADfGjiEBPrdsFLWVnH73CTkScBbwkhN`

| Token | Mint | ARL reward |
| :--- | :--- | ---: |
| RWT | `RWTeFt9M635Tf6w6yveAoXQR2ZwfXs7MfA7W3grDuGT` | 200 ARL per RWT |
| stRWT | `sRWTy1bkqvRegb31RETanhbAtJ7eXN6XsTvaqBRh6kA` | 2,000 ARL per stRWT |

**1 stRWT counts as 10 RWT. Reward = 200 × (RWT received + 10 × stRWT received).** Fractional token amounts qualify at the same rate.

**Deadline: 30 November 2026, 23:59 UTC.** The final minute is included: a qualifying transaction must have an on-chain timestamp before **1 December 2026, 00:00:00 UTC** and reach finalized status before reconciliation is completed.

All RWT and stRWT held by the following wallet, including its token accounts, are excluded, regardless of purpose:

`EqxYPE56ufF8iZxsQYnKF8579YPXWGv8adS3FyrK9GRZ`

Deposits from this excluded wallet do not qualify. No fixed liquidity deduction is applied. RWT backing stRWT already counted for a participant must not be counted again.

Use a personal wallet that the participant controls. The reward recipient is the owner of the source token account, not the transaction fee payer. Each transfer is counted once; eligible deposits from the same wallet are aggregated. Deposits from exchanges or pooled custodial accounts cannot be reliably attributed through this process.

Participants should submit tokens only after this proposal passes and the collection process is officially announced. **Late transfers are not counted. Entitlements for tokens not submitted on time are forfeited and treated as unclaimed. After the deadline, no further RWT or stRWT exchange into ARL will be available through Areal Finance.** Timely eligible participants retain their rights under the vesting rules below.

##### 5. Distribution and vesting

After the deadline, the team will reconcile accepted deposits and publish the recipient register, deposit signatures, reward amounts, funded contract addresses and exact UTC unlock schedules.

The reward pool is limited to **5,000,000 ARL**, covering 25,000 RWT-equivalents. Discrepancies must be resolved before contracts are funded; this proposal does not authorize a lower reward rate, extra issuance or an additional treasury allocation to cover a shortfall. Unallocated reward funds return to the DAO treasury. Network and Streamflow fees must be funded separately and must not reduce participant rewards.

Rewards are distributed through **Streamflow over 24 monthly periods**, beginning on the actual creation date of each participant's contract. A monthly period is **30.4 days**, making the complete schedule **729.6 days**. One twenty-fourth unlocks at the end of each period, with no upfront unlock; any indivisible rounding remainder is included in the final installment. Participants claim manually, and Auto-Claim is disabled.

If a participant makes no successful positive-amount withdrawal for **three consecutive monthly periods—91.2 days**—the administrator may recover the **entire remaining contract balance**, including both unlocked and unvested ARL, for the DAO treasury. Before the first claim, the inactivity clock starts when the first installment becomes available; after a successful claim, it restarts from that claim's on-chain timestamp. Connecting a wallet does not count as a claim.

Immediately before recovery, the administrator must check for a more recent claim. Previously withdrawn ARL is not recovered. Recoveries must be documented publicly with claim timestamps, amounts and transaction signatures. No further entitlement remains to a recovered allocation.

Recovery is an administrator-executed action, not an automatic expiry provided by standard Streamflow contracts. Contracts must allow recipient changes by **Only Sender** and cancellation by the sender. After verified inactivity, the team changes the recipient to the DAO treasury, then cancels the contract and transfers any returned ARL to that treasury. These administrative powers are authorized only for this recovery process. The complete sequence must be validated before funding contracts; cancellation alone does not recover all unclaimed vested tokens.

##### 6. Legacy token retirement

RWT and stRWT cease to be supported as Areal Finance project tokens at the end of this migration. Collected legacy tokens remain out of circulation and must not be redistributed. Retirement does not erase balances from the Solana blockchain. The permanent conversion deadline in Section 4 applies to both tokens.

##### 7. Execution accounts

| Role | Solana address |
| :--- | :--- |
| ARL mint | `6JSXRGMH6wNiukuLi4x6rSHazJMQL51WGbzirXxsmeta` |
| DAO account | `5BhKSFDV3mNzUxCaAyMZtbakhkbApwzLBD4gnQmNoz3Z` |
| DAO governance Squads multisig | `6g3jo62yzqq4ARor3ajoeoSNkVLbxb5uc4uMNKewoLSh` |
| DAO treasury and current mint authority | `E45yD8h2ZsJdHFMPdowKvrC6gS9BgrcansUwHDEDokiF` |
| DAO treasury ARL account | `AEJCGR459edsytSYDdv9cqFP9YtLCUdv3kjjxAgawp5S` |
| Team wallet | `ApDQBVjwy47EAffSehF8k18orUbJaLSURVEdx95bV8oA` |
| Team ARL account | `BptY99MekNXWvWcucy1v11FpKFLU6GfQEzBYrFzhpeuw` |

The treasury ARL account must be created if absent. Mint authority is revoked, not transferred to the team. Team sponsorship, if used, permits the decision market to launch without the community stake requirement; issuance and allocation still require the proposal to pass and its DAO transaction to execute.

## Citing this data

Source: 01Resolved, "ARL Supply Cap and Treasury Allocation" (Areal Finance decision market), data as of 2026-10-16 07:35 UTC. https://www.01resolved.com/areal-finance/proposals/C6XbC4GN8oL4eJanrnYGYZL8449MtejEnLxw5GcCVYrw.