Robinhood launched its own chain on Arbitrum — and for the first time, Arbitrum's DAO earns from a network it doesn't even settle. Every Arbitrum-stack L2 that settles outside Arbitrum One/Nova now returns 10% of net revenue: 8% to the DAO treasury, 2% to the developer guild.

ARB jumped ~14% in 24 hours on the news. Week one brought ~$57K in protocol revenue — a modest run-rate today, but a genuine structural shift: from a pure governance token to one with a real, recurring on-chain revenue path.