Dopex Bi-Weekly Update (December 29, 2023)

DAO Grant Programs Biweekly Updates (STIP)
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Recap of the Previous Two Weeks

ARB Received Last Disbursement: 214,286

ARB Utilized as Incentives in the Last Two Weeks: 261,616
Contracts incentivized over the last 2 weeks:

  • Dopex V2 Position Manager: 0xE4bA6740aF4c666325D49B3112E4758371386aDc
  • PerpetualAtlanticVaultLP: 0x819F4B81c7eEc22b3EdC1d9E150896C5F4eEA6cB
  • rETH MultiRewards: 0xd9c79b111D2737013f1af210f6687a9Fa7852b49

Contract address label Form completed for all addresses: Yes

ARB left over: 97,574

Plan for leftover ARB: Keep incentivizing the LPs for CLAMM for the following markets:

  • ETH
  • BTC
  • ARB

rDPX V2:

  • rETH staking
  • PPV staking
  • rDPX staking

Summary of incentives:

Additional Info / Disclosures to Multisig: N/A

STATS

Average daily TVL: 5.27M

Average daily transactions: ~1,500

Average daily volumes: ~1.6M

Number of unique user addresses: ~1,520

Transaction fees: 3.6792 ETH

Link to Dashboard showing metrics:

Plan For the Next Two Weeks

Amount of ARB to be distributed: 161,728

Contracts that will be incentivized:

  • Dopex V2 Position Manager: 0xE4bA6740aF4c666325D49B3112E4758371386aDc
  • PerpetualAtlanticVaultLP: 0x819F4B81c7eEc22b3EdC1d9E150896C5F4eEA6cB
  • rtETH MultiRewardst contract: 0xd9c79b111D2737013f1af210f6687a9Fa7852b49

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives:

LP deposits via merkle for CLAMM
LP deposits via the Perpetual put vault for rDPX v2

Summary of incentives plan:
Keep incentivizing the LPs for CLAMM for the following markets:

  • ETH
  • BTC
  • ARB

In addition, incentivize the LP for the perpetual put vaults and rDPX staking receipt tokens for the rdpx v2 product

Summary of changes to the original plan: Change the distribution rate for the extended march timeline

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