Recap of the Previous Two Weeks
ARB Received Last Disbursement: 428,572 ARB (we received 2 distributions at once)
ARB Utilized as Incentives in the Last Two Weeks: 72,014 ARB
Contracts incentivized over the last 2 weeks:
| Contract Address | Contract Nam/Tag |
|---|---|
| 0x2Aa638596429e4734D872feC6e7a42e3f3D9fBf8 | Paladin - QuestBoardSidechain |
| 0x45100bd2b5c8b36fdf49808abfe3408ff803fb0d | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x4b6052E271C1a1aF0eB62376fbba95Fa4A1E282B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0xa9092a2cfd11f8e42cfd84c0217743f28b3c285c | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x00B20FFd6c2d27a5B9764ad2367f60e16e08eD3B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x421Efd53FA0d90687db5ef370D5DCD7f89CbD9dE | Frax - FraxCCFarmV4_cvxLP |
| 0x918261fa5Dd9C3b1358cA911792E9bDF3c5CCa35 | Merkle - Distributor |
| 0xDF58845C5A03116067215374A40aEfdd248Ce1f1 | Lodestar - Incentive msig |
| 0xB671Eb5Cee01d681df07a245df2fcf9FCB808c0a | Premia - DualMiningProxy |
| 0x4995f8a28f0E8d2920AE787e32d0f1013AEc29e1 | Ramses - Bribe |
| 0xeb473a6a0bf7b4d820d8fed61d2ab1402d637994 | Ramses - Bribe |
| 0x43DB1214e9c5d7d980267a2031b380fc80b88f86 | Ramses - Bribe |
| 0x066d6f97b3f1456ED5b148A3c3d5C5C235869d7E | Ramses - Bribe |
| 0xe3003b04fbb20a3a18497bc5106a0e45d601ac4f | Ramses - Bribe |
| 0x743d7683e67cF5719fad4149311CD7C24e3D1ffA | Ramses - Bribe |
| 0xdc16a1877e44ac80b6befdda5a6d8a89300cbff9 | Ramses - Bribe |
| 0xe3c747896C76aEE3f4c18F34A36eE58b425B8E17 | Wombat - Bribe |
| 0xFD0AF0B852e8937b2767C1a344E1fD9b34EC1b1A | Wombat - Bribe |
| 0x24e927daC110Aab7189a4F864d41680e4F7865FB | Frax - FraxCCFarmV4_cvxLP |
| 0xb69BB749bCc1cdD56861525fF9DADf5AF76Fc5f1 | Ramses - Bribe |
| 0x99e0896d149c3d2a50a6aFd44fE41fb73448dBb5 | Ramses - Bribe |
| 0x364C80e9418B65110157Bc7681Ed761B3188F59E | Ramses - Bribe |
| 0xcb81454ec05274640eD5129cC0363947B0B9d0ec | Ramses - Bribe |
| 0x9Dc623a12fc3dC87cB23c53C68330A22ea084B3A | Ramses - Bribe |
| 0x96412caB79c3A4c5cACD8b6fbFbEa36F4cA3791a | Wombat - Bribe |
Contract address label Form 12 completed for all addresses: Yes
ARB left over: 570,844 ARB
Plan for leftover ARB: We are increasing our budgets per week during the time, and we will distribute the leftover amount between the remaining cycles.
Summary of incentives: Over the last two weeks, we have successfully initiated the deployment of our automated incentive distributor contracts, known as Incentive AMOs, for three of our primary assets: FRAX, frxETH, and crvFRAX. This deployment is a crucial step in enhancing the efficiency and effectiveness of our reward distribution mechanism, underpinned by the recent ARB funding received from the STIP grant.
In line with this development, we have registered our main and pre-existing liquidity pools within the Arbitrum ecosystem. Additionally, during this period we launched frxETH/WETH pool on Curve (our back bone of frxETH liquidity on Arbitrum).
Furthermore, we have embarked on new partnerships and collaborations, most notably with Premia. These new partnership pools are a testament to our ongoing efforts to foster synergistic relationships within the industry, expanding our reach and bolstering the utility of our assets.
Additional Info / Disclosures to Multisig:
FRAX Incentivizer AMO Address (All of FRAX pools are being incentivized through this contract): 0xefa5D36deBF5191328b17f2Ff74090DAdfda9A70
frxETH Incentivizer AMO Address (All of frxETH pools are being incentivized through this contract): 0x3C6d74267b01E00B2C8F541ff132A7b03bcC6c70
crvFRAX Incentivizer AMO Address (All of crvFRAX pools are being incentivized through this contract): 0xA4D77FD004F6ae1a1E55F0f89BcC519716E72B25
STATS
Average daily TVL: $19,464,431.22
Average daily transactions: 1775
Average daily volumes: $3,781,260
Number of unique user addresses: 1276
Transaction fees: We are working with OpenBlock Labs to find the best way to collect this since our pools/vaults are within multiple different protocols.
Link to Dashboard showing metrics:
OpenBlock Dashboard: https://www.openblocklabs.com/app/arbitrum/grantees/Frax%20Finance
Frax Fianace Arbitrum Dune Dashboard:
https://dune.com/amirnader/frax-finance-arbitrum
Plan For the Next Two Weeks
Amount of ARB to be distributed: 140k ARB
Contracts that will be incentivized:
| Lending - Aark - FRAX | 0x7A5df878e195D09F1C0bbba702Cfdf0ac9d0a835 |
|---|---|
| Lending - Aave - FRAX | 0x38d693cE1dF5AaDF7bC62595A37D667aD57922e5 |
| DEX - Curve - FRAX/USDC.e | 0xc9b8a3fdecb9d5b218d02555a8baf332e5b740d5 |
| DEX - Curve - frxETH/WETH | 0x1deb3b1ca6afca0ff9c5ce9301950dc98ac0d523 |
| DEX - Curve - USD±FRAXBP | 0xb34a7d1444a707349bc7b981b7f2e1f20f81f013 |
| DEX - Curve - fxUSD-FRAXBP | 0xab174ffa530c888649c44c4d21c849bbaabc723f |
| DEX - Curve - IN-FRAXBP | 0xc9fb013da36fad6422dabb4f2ddfdaaca17205e6 |
| DEX - Curve - axlUSD-FRAXBP | 0x741aea6c7707b39bd950da945f84d6b8ba455d48 |
| Lending - Fraxlend - FRAX/ARB | 0x2D0483FefAbA4325c7521539a3DFaCf94A19C472 |
| DEX - Fraxswap - FRAX/WETH | 0x0BB5A573886bbcecf18590b6Cb59E980FAC7d278 |
| DEX - Fraxswap - FRAX/FXS | 0x90FF2b6b6a2eb3C68D883bc276F6736b1262fa50 |
| DEX - Fraxswap - FRAX/ARB | 0xf9901732A568e7030126E1b3676a4fcd29907B08 |
| Lending - LFRAX - FRAX/LFRAX | 0x2E9963ae673A885b6bfeDa2f80132CE28b784C40 |
| Lending - Lodestar - FRAX | 0xD12d43Cdf498e377D3bfa2c6217f05B466E14228 |
| Lending - Lodestar - FRAX | 0xc9c043A7f80258d492121d2f34e829EB6517Eb17 |
| Lending - Notional - FRAX | 0x1344A36A1B56144C3Bc62E7757377D288fDE0369 |
| DEX - Ramses - FRAX/GRAI | 0x9e8a58180dbd369ebe2fc0e8dc671ff9835ce5ab |
| DEX - Ramses - FRAX/USDC | 0x6A9D961c9602fB484bA3C47c5F822b66721C9669 |
| DEX - Ramses - frxETH/FRAX 0.05% | 0x0c9710d820e115ef30829b4675e137dd71b25a14 |
| DEX - Ramses - FRAX/DUSD | 0x9CF9AaE54109cE68991b88EDb0CE3613eBFd7886 |
| DEX - Ramses - FRAX/USDT | 0xc39b54Da0036b8C753c3795ABFE1Ab997b799461 |
| DEX - Ramses - FRAX/alUSD | 0xfd599DB360Cd9713657C95dF66650A427d213010 |
| DEX - Ramses - FRAX/DOLA | 0x1850e96550d6716d43ba4d7df815ffc32bd0d03e |
| DEX - Ramses - frxETH/sfrxETH | 0xf166ff5cd771923d4d4fb870403afc6f13dd2d02 |
| DEX - Ramses - frxETH/WETH | 0x3932192de4f17dfb94be031a8458e215a44bf560 |
| DEX - Ramses - frxETH/wstETH | 0x181d8532e828A9767258296c90662f5050baeA4E |
| DEX - Ramses - frxETH/FRAX 0.05% | 0x0c9710d820e115ef30829b4675e137dd71b25a14 |
| DEX - Ramses - sfrxETH-frxETH 0.01% | 0x31d98f473edf9b23c08884392b5a734e630e8649 |
| DEX - Ramses - RDNT/frxETH | 0x6E6D67C1369e62D73F5CEB99E02b3b5E7b89dbb9 |
| Lending - Stargate - FRAX | 0xaa4BF442F024820B2C28Cd0FD72b82c63e66F56C |
| DEX - UNIV3 - FRAX/USDC.e | 0x46Dc00f9dE3d51182F8686E1F8491645506e2F61 |
| DEX - UNIV3 - FRAX/FPI | 0x53d1e8F6661D6ab7c6487Bf952d21c478041f021 |
| DEX - UNIV3 - FRAX/svUSD | 0x28082db75615849D12f37627E614b479749C7903 |
| DEX - UNIV3 - frxETH/svETH | 0x6a28350341A27e98170b6e8274bF2382B4DAe6AC |
| DEX - Wombat - FRAX/USD+/USDC | 0xf4b72e9a18e4b7c65165e437c57ff6b6202e4505 |
| DEX - Wombat - frxETH/WETH/sfrxETH | 0x6966553568634f4225330d559a8783de7649c7d3 |
| DEX - Wombat - FRAX/USDV | 0xbCd5E80dAc3925416A8605b158Cac3a2cc1EBd6E |
Contracts that receives ARB incentives to distribute between LPs:
| Contract Address | Contract Nam/Tag |
|---|---|
| 0x2Aa638596429e4734D872feC6e7a42e3f3D9fBf8 | Paladin - QuestBoardSidechain |
| 0x45100bd2b5c8b36fdf49808abfe3408ff803fb0d | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x4b6052E271C1a1aF0eB62376fbba95Fa4A1E282B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0xa9092a2cfd11f8e42cfd84c0217743f28b3c285c | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x00B20FFd6c2d27a5B9764ad2367f60e16e08eD3B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x421Efd53FA0d90687db5ef370D5DCD7f89CbD9dE | Frax - FraxCCFarmV4_cvxLP |
| 0x918261fa5Dd9C3b1358cA911792E9bDF3c5CCa35 | Merkle - Distributor |
| 0xDF58845C5A03116067215374A40aEfdd248Ce1f1 | Lodestar - Incentive msig |
| 0xB671Eb5Cee01d681df07a245df2fcf9FCB808c0a | Premia - DualMiningProxy |
| 0x4995f8a28f0E8d2920AE787e32d0f1013AEc29e1 | Ramses - Bribe |
| 0xeb473a6a0bf7b4d820d8fed61d2ab1402d637994 | Ramses - Bribe |
| 0x43DB1214e9c5d7d980267a2031b380fc80b88f86 | Ramses - Bribe |
| 0x066d6f97b3f1456ED5b148A3c3d5C5C235869d7E | Ramses - Bribe |
| 0xe3003b04fbb20a3a18497bc5106a0e45d601ac4f | Ramses - Bribe |
| 0x743d7683e67cF5719fad4149311CD7C24e3D1ffA | Ramses - Bribe |
| 0xdc16a1877e44ac80b6befdda5a6d8a89300cbff9 | Ramses - Bribe |
| 0xe3c747896C76aEE3f4c18F34A36eE58b425B8E17 | Wombat - Bribe |
| 0xFD0AF0B852e8937b2767C1a344E1fD9b34EC1b1A | Wombat - Bribe |
| 0x24e927daC110Aab7189a4F864d41680e4F7865FB | Frax - FraxCCFarmV4_cvxLP |
| 0xb69BB749bCc1cdD56861525fF9DADf5AF76Fc5f1 | Ramses - Bribe |
| 0x99e0896d149c3d2a50a6aFd44fE41fb73448dBb5 | Ramses - Bribe |
| 0x364C80e9418B65110157Bc7681Ed761B3188F59E | Ramses - Bribe |
| 0xcb81454ec05274640eD5129cC0363947B0B9d0ec | Ramses - Bribe |
| 0x9Dc623a12fc3dC87cB23c53C68330A22ea084B3A | Ramses - Bribe |
| 0x96412caB79c3A4c5cACD8b6fbFbEa36F4cA3791a | Wombat - Bribe |
Contract address label Form 12 completed for all addresses: Yes
Mechanism for distribution incentives:
We employ a distinctive and transparent method for distributing incentives across liquidity pools containing FRAX or frxETH or crvFRAX. Our Incentivizer AMO (Automated Market Operator) functions through a contract. It captures snapshots of the Total Value Locked (TVL) in our pools to determine the incentive budget for each. Subsequently, it utilizes a designated incentive mechanism specific to the LPs (Liquidity Providers) of each pool, ensuring the allocated budget is appropriately distributed.
Given the scalable nature of this model, we are eager to expand our incentivizing pool list and are open to exploring new partnerships and collaborative opportunities.
Please use this form to let us know about your interest: https://forms.gle/rA9s93veRNRXVLZi9
Summary of incentives plan: Our budgets for the next two weeks will be:
- Week 3: 70k ARB
- Week 4: 70k ARB
Summary of changes to the original plan: N/A