Securing funding in this round would be a significant boost for ArbiBay's development and the achievement of its goals. The allocation of funds would be strategically planned to ensure the most efficient and effective use of resources. Here's how the funds would be distributed:

**Frontend Development:**
A portion of the funds would be dedicated to enhancing the user interface of ArbiBay. This includes hiring skilled frontend developers who can create an intuitive and engaging experience for users. The goal is to ensure that the platform is not only aesthetically pleasing but also easy to navigate and use, even for those new to the DeFi space.

**Backend Development:**
Backend development is crucial for the stability and functionality of ArbiBay. Funds would be used to recruit experienced backend developers to build a robust and scalable infrastructure. This team will focus on the core logic of the platform, data storage, and ensuring seamless integration with the Arbitrum blockchain.

**Smart Contract Development:**
Smart contracts are the backbone of ArbiBay's functionality. Investment in this area would involve bringing on board expert developers with a deep understanding of blockchain technology to craft secure and efficient smart contracts. These contracts will handle critical operations such as portfolio management, rebalancing, and dividend distribution.

**Security:**
A significant portion of the budget would be allocated to security to protect users' assets and data. This includes regular audits of smart contracts, implementation of multi-signature wallets, and other security protocols to safeguard against potential threats.

**User Research:**
Understanding the needs and behaviors of users is vital for the success of ArbiBay. Funding would allow for comprehensive user research, which will inform the design and development process, ensuring that the platform meets the real needs of its users.

**Community Building:**
Building a strong community is essential for ArbiBay's long-term success. Funds would be used to engage with the community through various channels, gather feedback, and foster a collaborative environment. This also includes educational initiatives to help users understand the benefits of DeFi and how to use ArbiBay effectively.

In summary, the funding would be meticulously directed towards critical areas that support ArbiBay's mission to revolutionize decentralized investment and asset management, ensuring that the project not only meets its development milestones but also creates a lasting impact in the DeFi ecosystem.