
Questbook Review
Disbursed totals for every season and documented payout controls
of 10
Questbook scores 6.3 out of 10 among incentive program operators: every season of its Arbitrum grant program reports disbursed totals, and its milestone and second-signer controls stopped a fraudulent $35,000 payout in March 2026. It has no conflict-of-interest policy, and its impact reports give no method. Desk research, checked November 6, 2026.
By Dan Reyes · Updated Nov 6, 2026
Role
Grants administration
Main deployment
Arbitrum D.A.O. Grant Program, Seasons 1–3 (from October 2023)
Season 3 disbursed
$3.4M of $5.3M allocated, as of July 22, 2026
Approval rule
One allocator up to 25,000 USDC; two up to 50,000 USDC
Platform fee (Season 3)
$5,000 a month, set in the DAO-approved budget
Criteria with nothing published
1 of 6 (independence)
Scores
Each criterion carries equal weight. The overall score is the average of these 6 scores — (8.0 + 10.0 + 5.0 + 10.0 + 5.0 + 0.0) ÷ 6 = 6.3.
Pros
- Disclosed volume 10: disbursed totals for Seasons 1, 2 and 3 of the Arbitrum program
- Abuse protection 10: second allocator above 25,000 USDC, milestone payouts, KYC before payout
- Named programs 8: three Arbitrum seasons, each with its period
- March 2026 fraud attempt stopped and documented in a public post-mortem
Cons
- Independence 0: no conflict-of-interest or recusal policy
- Impact report 5: Entropy reviewed top-five grantees; S3 report counts outputs only
- Open data 5: public dashboard but no export or grant registry
- A Questbook frontend fault is still one explanation for the March 2026 incident
How Questbook scores in incentive program operators
This entry rates Questbook in our incentive and grant program operator ranking, under the role of grants administration: DAOs use it to take applications, review them and pay grants in milestones from their own multisig wallets. The evidence comes almost entirely from Arbitrum DAO's governance forum, where Questbook's main deployment, the Arbitrum D.A.O. (Domain Allocator Offerings) Grant Program, reports its results. Sources were read on November 6, 2026. The category uses six criteria on fixed scales of marks, weighted equally, as set out in our ratings methodology.
| Criterion | What the sources show | Mark | Source, date read |
|---|---|---|---|
| Named programs | Three seasons of the Arbitrum program, each with its period: Season 1 from October 2023 (about six months), Season 2 from April 2024, Season 3 from March 19, 2025 to March 2026, then a low-capacity phase. The 2023 proposal lists Compound, Polygon, Solana, Celo and Aave as other clients, without periods. | 8 | Season 3 proposal, 2026-11-06 |
| Disclosed volume | Disbursed amounts are stated for every season: $852,781 in Season 1, $1,356,181 in Season 2 (as of November 2024) and $3.4 million in Season 3 (as of July 22, 2026). | 10 | Season 3 official thread, 2026-11-06 |
| Impact report | Entropy's December 2024 report examined the top five grantees nominated by each allocator. The Season 3 impact report of June 12, 2026 gives counts (190 approved, 61 closed with final reports, operating costs about 13% of grantee capital) and project narratives. Neither states a measurement method beyond that selection. | 5 | Entropy program report, 2026-11-06 |
| Abuse protection | Requests above 25,000 USDC need a second allocator. Payouts are released per milestone from domain Safes. After an impersonation case and a March 2026 fraudulent payout attempt, Questbook enforced review checks and required KYC and a signed contract before any payout. | 10 | Season 3 official thread, 2026-11-06 |
| Open data | A public dashboard lists the Arbitrum programs with proposals, approvals and payouts, and payouts are on-chain. There is no export or public grant registry, which a delegate asked for in May 2026. | 5 | arbitrum.questbook.app, 2026-11-06 |
| Independence | No conflict-of-interest or recusal policy. Questbook staff managed Seasons 1 and 2 while Questbook was also paid to host them. Season 3 moved program management to an independent manager, but that is a change of structure, not a disclosure of ties. | 0 | original 2023 proposal, 2026-11-06 |
The overall score is the plain average: (8 + 10 + 5 + 10 + 5 + 0) / 6 = 38 / 6 = 6.3.
No mark changed at this check. New Season 3 posts, including the June 2026 impact report, the March 2026 post-mortem and the July 22, 2026 update, confirm the existing marks without moving any of them.
Strongest criteria: payout figures and payout controls
Disclosed volume scores 10, the top of the scale, because every named program has a payout figure, and the figures separate approved from disbursed. In Season 2, $2,602,247 was approved and $1,356,181 had been paid by November 2024. In Season 3, $5.3 million of a $6.75 million budget had been allocated and $3.4 million disbursed by July 2026. Disbursed amounts tell a reader more than budgets, which the rubric does not count.
Abuse protection scores 10 because the controls are written out and have been tested. On March 13, 2026, two Safe transactions sending $35,000 USDC to an attacker's wallet were proposed against a fake Dev Tooling application. The program manager's post-mortem says no funds moved, because the second signer cancelled both after a milestone check. The same post lists a Questbook frontend fault, which had misdirected milestone entries in earlier seasons, as one explanation still under investigation. Questbook then shipped fixes. The control that worked was the human second signature, not the software.
Weakest criteria: independence, impact and open data
Independence is 0. Questbook proposed the Arbitrum program, supplied its first program manager and was paid $10,000 a month for platform and management together in Seasons 1 and 2. Splitting the roles in Season 3, at $5,000 a month for the platform alone, reduced that overlap. Yet no page discloses Questbook's relationships with allocators or grantees, or sets out a recusal rule. On this scale, silence scores 0.
Impact report is 5. There are metrics, but neither report says how impact was measured across the program. Entropy looked only at grantees the allocators chose to put forward, and the Season 3 report counts outputs and tells project stories.
Open data is 5. The dashboard can be browsed without an account, but there is no download, and a delegate's May 2026 request for a public grant registry shows the gap.
What the score does not cover
The criteria measure disclosure about programs. They do not test the Questbook software, its security or its pricing, and they do not judge whether individual grants were good value. Most of the evidence is written by the program's managers and service providers on the Arbitrum forum, not by Questbook on its own site. Builders applying for grants should still check who they deal with; our guide to common crypto scams covers the impersonation patterns seen in Season 2.
Questbook vs Gitcoin and Thrive Protocol
At this check Gitcoin reads 6.7 and Thrive Protocol 6.3, level with Questbook. Tied operators are listed alphabetically. Questbook's full marks for disclosed volume and abuse protection are offset by its 0 for independence. Castle Labs, one of Season 3's domain allocators, is rated separately in this category at 6.7.
Who it suits
The score is most useful to a DAO choosing grants software that wants its payouts accounted for and its milestones double-signed: Questbook-hosted programs publish disbursed totals and document their controls. A DAO that needs proof of impact, an exportable grant register or a written conflict-of-interest policy will have to build those itself.
How it compares

Castle Labs
Documented assessments and retention analysis of incentive programs

Gitcoin
Sybil-resistant matched funding rounds with public round reports

Metrom
A measured impact study and fully open campaign data

OpenBlock Labs
Program evaluations and sybil analysis that state their method

Thrive Protocol
Milestone-gated grants with a stated review method

Galxe
Quest campaigns and airdrops with a documented anti-sybil credential

Merkl
Public reward files that anyone can check against the on-chain root

Karma
Public on-chain milestone tracking for named grant programs

Layer3
Quest campaigns with defined new-user and retention metrics

Turtle
Vault review that is stated to be separate from sales

Boost
Self-serve on-chain reward campaigns with an open campaign API
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
- 1.Arbitrum forum: D.A.O. Grant Program Season 3 proposal — checked
- 2.Arbitrum forum: Season 3 official thread (post-mortem, impact report, updates) — checked
- 3.Arbitrum forum: Entropy, Questbook DDA Program Report — checked
- 4.Arbitrum forum: Delegated Domain Allocation by Questbook (2023) — checked
- 5.Questbook: Arbitrum grants dashboard — checked
- 6.Questbook: Homepage — checked
Frequently asked questions
Why does Questbook score 6.3?
It is the plain average of six fixed-scale marks: named programs 8, disclosed volume 10, impact report 5, abuse protection 10, open data 5 and independence 0. That is 38 divided by 6, or 6.3.
What holds Questbook's score back?
There is no conflict-of-interest policy, although Questbook both hosted and managed the early seasons. Impact reports count outputs without a stated method, and the dashboard has no export.
What changed since the previous Questbook review?
No mark moved. Newer Season 3 posts, including the June 2026 impact report and the July 22, 2026 update showing $3.4 million disbursed, confirm the existing marks.
Did Questbook lose funds in the March 2026 incident?
According to the program manager's post-mortem, no. Two transactions sending $35,000 USDC to an attacker were proposed and then cancelled by the second Safe signer. A Questbook frontend fault is one explanation still under investigation.
How does Questbook compare with Gitcoin and Thrive Protocol?
At this check Gitcoin reads 6.7, and Thrive Protocol and Questbook 6.3 each. Ties are listed alphabetically.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.