Recap of the Previous Two Weeks
ARB Received Last Disbursement: 214,284 ARB (STIP Final Claim)
ARB Utilized as Incentives in the Last Two Weeks: 187,494 ARB
Contracts incentivized over the last 2 weeks:
| Contract Address | Contract Tag/Name |
|---|---|
| 0x2Aa638596429e4734D872feC6e7a42e3f3D9fBf8 | Paladin - QuestBoardSidechain |
| 0x9D682578385C3F1Db08f50f4b87E7C3472535A33 | GMX-msig |
| 0x8BB4C975Ff3c250e0ceEA271728547f3802B36Fd | Merkle - DistributionCreator |
| 0xB1a17c8BCb17cd0FDAb587c6b09749b021861E70 | Curve - Gauge - Direct LP Incentives |
| 0xB8c52da3db9EdF9Da6a20959410B007a2387E5a2 | Frax - FraxCCFarmV4_cvxLP |
| 0xA81F4b86B412CcB51C7420000F59a639F3459f49 | Frax - FraxCCFarmV4_cvxLP |
| 0x421Efd53FA0d90687db5ef370D5DCD7f89CbD9dE | Frax - FraxCCFarmV4_cvxLP |
| 0xc920B52E610659bCb3d902001b8C52c5A31AAf51 | Horiza - Bribe |
| 0x92C06eA48D96B499ea5a2B102232E7916a7ECA96 | Horiza - Bribe |
| 0x743d7683e67cF5719fad4149311CD7C24e3D1ffA | Ramses - Bribe |
| 0xdc16a1877e44ac80b6befdda5a6d8a89300cbff9 | Ramses - Bribe |
| 0x066d6f97b3f1456ED5b148A3c3d5C5C235869d7E | Ramses - Bribe |
| 0x4995f8a28f0E8d2920AE787e32d0f1013AEc29e1 | Ramses - Bribe |
| 0xeBC15b33f0a0D940267B4c5DA7428eD9a95d542c | Ramses - Bribe |
| 0xeb473a6a0bf7b4d820d8fed61d2ab1402d637994 | Ramses - Bribe |
| 0xe3003b04fbb20a3a18497bc5106a0e45d601ac4f | Ramses - Bribe |
| 0x43DB1214e9c5d7d980267a2031b380fc80b88f86 | Ramses - Bribe |
| 0xa9092a2cfd11f8e42cfd84c0217743f28b3c285c | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x4b6052E271C1a1aF0eB62376fbba95Fa4A1E282B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x45d19CAc4901983E02fb93D7579C247D5F89f38B | Wombat - Bribe |
| 0xe3c747896C76aEE3f4c18F34A36eE58b425B8E17 | Wombat - Bribe |
| 0xFD0AF0B852e8937b2767C1a344E1fD9b34EC1b1A | Wombat - Bribe |
| 0x45100bd2b5c8b36fdf49808abfe3408ff803fb0d | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0xF10878bc18193DD92F934C8A9b945c1172CCb5cA | Staking Vault |
| 0x86Aa9599A8edE1F5d181c2dAc37D826c16792408 | Staking Vault |
| 0xdBd005FCe7767e7e66AeCfC53f054065187330A8 | Staking Vault |
| 0xDF58845C5A03116067215374A40aEfdd248Ce1f1 | Lodestar - Incentive msig |
| 0xB671Eb5Cee01d681df07a245df2fcf9FCB808c0a | Premia - DualMiningProxy |
| 0x24e927daC110Aab7189a4F864d41680e4F7865FB | Frax - FraxCCFarmV4_cvxLP |
| 0x66fE69A5D2f44645aa904d44152Bd92d49A0E7d7 | Horiza - Bribe |
| 0xa67a352B1501775e7C2A25C3f39E310E6F198f31 | Horiza - Bribe |
| 0xb69BB749bCc1cdD56861525fF9DADf5AF76Fc5f1 | Ramses - Bribe |
| 0x99e0896d149c3d2a50a6aFd44fE41fb73448dBb5 | Ramses - Bribe |
| 0x49894a90c15Fde52bAD37AC4a8cb54465FEc3a72 | Ramses - Bribe |
| 0x364C80e9418B65110157Bc7681Ed761B3188F59E | Ramses - Bribe |
| 0x9Dc623a12fc3dC87cB23c53C68330A22ea084B3A | Ramses - Bribe |
| 0xcb81454ec05274640eD5129cC0363947B0B9d0ec | Ramses - Bribe |
| 0x96412caB79c3A4c5cACD8b6fbFbEa36F4cA3791a | Wombat - Bribe |
| 0x68F6d90727EB96eeC1C9f50578213e8e6d59128b | BeefyBoost |
Contract address label Form 12 completed for all addresses: Yes
ARB left over: 535,350 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. Also, since the STIP is extended to March 29th, we will use leftovers to extend our planned incentives until this date, which is one month more than our initial plan.
Summary of incentives: Over the last two weeks, we have successfully used our automated incentive distributor contracts, known as Incentive AMOs, for three of our primary assets: FRAX, frxETH, and crvFRAX.
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: $51,882,838.33
Average daily transactions: 1614
Average daily volumes: $4,160,135.38
Number of unique user addresses: 7563
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.
| day | TVL | Volume | DAU | Trans |
|---|---|---|---|---|
| 2024-02-23 | $52,676,040.48 | $3,042,300.40 | 348 | 1298 |
| 2024-02-22 | $53,326,260.79 | $4,390,475.51 | 452 | 1900 |
| 2024-02-21 | $53,882,445.52 | $2,972,806.38 | 423 | 1725 |
| 2024-02-20 | $54,098,556.84 | $3,217,330.10 | 386 | 1931 |
| 2024-02-19 | $53,943,694.47 | $3,405,764.98 | 432 | 1670 |
| 2024-02-18 | $53,333,791.25 | $2,626,830.69 | 369 | 1560 |
| 2024-02-17 | $53,151,207.44 | $3,190,818.96 | 380 | 1291 |
| 2024-02-16 | $52,317,674.94 | $2,238,796.82 | 369 | 1452 |
| 2024-02-15 | $52,153,165.01 | $7,123,850.67 | 460 | 2107 |
| 2024-02-14 | $51,514,937.33 | $6,066,692.63 | 422 | 2021 |
| 2024-02-13 | $50,279,720.76 | $5,143,375.19 | 402 | 1814 |
| 2024-02-12 | $48,484,624.91 | $2,586,703.88 | 421 | 1615 |
| 2024-02-11 | $48,341,109.46 | $7,860,410.58 | 381 | 1170 |
| 2024-02-10 | $48,856,507.49 | $4,375,738.44 | 398 | 1053 |
| AVG | $51,882,838.33 | $4,160,135.38 | 403.0714286 | 1614.785714 |
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: 200k ARB
Contracts that will be incentivized:
| Pool | Address |
|---|---|
| DEX - Curve - axlUSD-FRAXBP | 0x741aea6c7707b39bd950da945f84d6b8ba455d48 |
| DEX - Curve - USD±FRAXBP | 0xb34a7d1444a707349bc7b981b7f2e1f20f81f013 |
| Lending - Aave - FRAX | 0x38d693cE1dF5AaDF7bC62595A37D667aD57922e5 |
| DEX - Camelot - FRAX/GMX | 0xC466F6eFc8A963e22037Bc16A89ED547B9c60EC2 |
| DEX - Curve - FRAX/USDC.e | 0xc9b8a3fdecb9d5b218d02555a8baf332e5b740d5 |
| DEX - Curve - FRAX/USDV | 0xaae5e13075906f1c41bbda2e749d03d47da774a3 |
| DEX - Curve - FRAX/crvUSD | 0x2fe7ae43591e534c256a1594d326e5779e302ff4 |
| DEX - Curve - FRAX/FXB_20241231 | 0xe920eedaff6c3bed1ef61010b64d46986634e908 |
| DEX - Curve - FRAX/FXB_20261231 | 0x946adc524bd312d036776798c46cedd948dd0a0f |
| DEX - Curve - FRAX/frxETH/tBTC | 0x3c64d44ab19d63f09ebad38fd7b913ab7e15e341 |
| Derivatives - GMX - GMX Vault (FRAX) | 0x489ee077994B6658eAfA855C308275EAd8097C4A |
| Lending - Lodestar - FRAX | 0xD12d43Cdf498e377D3bfa2c6217f05B466E14228 |
| Options Exchange - PREMIA - pSV-FXS/FRAX-P | 0x469ea472D168364B2e50aBB81Fe5C6DA142f9a62 |
| 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 - FRAX/sFRAX | 0x44C99A8aCE2E4c50Bc1c0D57471fD5C27C08A3Af |
| DEX - UNIV3 - FRAX/FPI | 0x53d1e8F6661D6ab7c6487Bf952d21c478041f021 |
| DEX - UNIV3 - FRAX/ARB | 0x490009DA2cecC6889F79805B2455ad047d7b2DB9 |
| DEX - UNIV3 - FRAX/frxETH | 0x239DEA90CcC7a1bD0C0D6E0a95E2BC8418e1BCe3 |
| DEX - UNIV3 - FRAX/svUSD | 0x28082db75615849D12f37627E614b479749C7903 |
| DEX - UNIV3 - FRAX/USDC.e | 0x46Dc00f9dE3d51182F8686E1F8491645506e2F61 |
| DEX - Wombat - FRAX/USD+/USDC | 0xf4b72e9a18e4b7c65165e437c57ff6b6202e4505 |
| DEX - Wombat - FRAX/sFRAX/USDC | 0xC46111930c0dE926A9B19264cABB9C588Bc2F1cF |
| DEX - Wombat - FRAX/USDV | 0xbCd5E80dAc3925416A8605b158Cac3a2cc1EBd6E |
| DEX - Horiza - FRAX/USDC | 0x4c95e041e2c37afb146cad03c21cfd27b6b31408 |
| DEX - Horiza - frxETH/FRAX | 0xc1034e7652b92033f4b07366ed78c88d90ac00ba |
| DEX - Horiza - frxETH/WETH | 0x9c06da8de09a0d53ef5ee577b0dac86709b717c0 |
| DEX - Horiza - frxETH/sfrxETH | 0xFA8d5FEdACA662b3c7fE5a88f9275644D7aa4197 |
| 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 |
| DEX - UNIV3 - frxETH/svETH | 0x6a28350341A27e98170b6e8274bF2382B4DAe6AC |
| DEX - Wombat - frxETH/WETH/sfrxETH | 0x6966553568634f4225330d559a8783de7649c7d3 |
| DEX - Balancer - Balancer Vault (sFRAX) | 0xBA12222222228d8Ba445958a75a0704d566BF2C8 |
| DEX - Balancer - Balancer Vault (sfrxETH) | 0xBA12222222228d8Ba445958a75a0704d566BF2C8 |
| DEX - Ramses - frxETH/sfrxETH | 0xf166ff5cd771923d4d4fb870403afc6f13dd2d02 |
| DEX - Ramses - wstETH/sfrxETH | 0x1cBac20F61F4cFa1e396eb13F68939A10E6777e3 |
| DEX - Wombat - frxETH/WETH/sfrxETH | 0x2a20202A6F740200BA188F6D72fa72a08a346Aaa |
| DEX - Ramses - frxETH/alETH | 0xfB4fE921F724f3C7B610a826c827F9F6eCEf6886 |
Contracts that receive ARB incentives to distribute between LPs:
| Contract Address | Contract Tag/Name |
|---|---|
| 0x2Aa638596429e4734D872feC6e7a42e3f3D9fBf8 | Paladin - QuestBoardSidechain |
| 0x9D682578385C3F1Db08f50f4b87E7C3472535A33 | GMX-msig |
| 0x8BB4C975Ff3c250e0ceEA271728547f3802B36Fd | Merkle - DistributionCreator |
| 0xB1a17c8BCb17cd0FDAb587c6b09749b021861E70 | Curve - Gauge - Direct LP Incentives |
| 0xB8c52da3db9EdF9Da6a20959410B007a2387E5a2 | Frax - FraxCCFarmV4_cvxLP |
| 0xA81F4b86B412CcB51C7420000F59a639F3459f49 | Frax - FraxCCFarmV4_cvxLP |
| 0x421Efd53FA0d90687db5ef370D5DCD7f89CbD9dE | Frax - FraxCCFarmV4_cvxLP |
| 0xc920B52E610659bCb3d902001b8C52c5A31AAf51 | Horiza - Bribe |
| 0x92C06eA48D96B499ea5a2B102232E7916a7ECA96 | Horiza - Bribe |
| 0x743d7683e67cF5719fad4149311CD7C24e3D1ffA | Ramses - Bribe |
| 0xdc16a1877e44ac80b6befdda5a6d8a89300cbff9 | Ramses - Bribe |
| 0x066d6f97b3f1456ED5b148A3c3d5C5C235869d7E | Ramses - Bribe |
| 0x4995f8a28f0E8d2920AE787e32d0f1013AEc29e1 | Ramses - Bribe |
| 0xeBC15b33f0a0D940267B4c5DA7428eD9a95d542c | Ramses - Bribe |
| 0xeb473a6a0bf7b4d820d8fed61d2ab1402d637994 | Ramses - Bribe |
| 0xe3003b04fbb20a3a18497bc5106a0e45d601ac4f | Ramses - Bribe |
| 0x43DB1214e9c5d7d980267a2031b380fc80b88f86 | Ramses - Bribe |
| 0xa9092a2cfd11f8e42cfd84c0217743f28b3c285c | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x4b6052E271C1a1aF0eB62376fbba95Fa4A1E282B | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0x45d19CAc4901983E02fb93D7579C247D5F89f38B | Wombat - Bribe |
| 0xe3c747896C76aEE3f4c18F34A36eE58b425B8E17 | Wombat - Bribe |
| 0xFD0AF0B852e8937b2767C1a344E1fD9b34EC1b1A | Wombat - Bribe |
| 0x45100bd2b5c8b36fdf49808abfe3408ff803fb0d | Bunni - Timeless BUNNI-LP Gauge Deposit |
| 0xDF58845C5A03116067215374A40aEfdd248Ce1f1 | Lodestar - Incentive msig |
| 0xB671Eb5Cee01d681df07a245df2fcf9FCB808c0a | Premia - DualMiningProxy |
| 0x24e927daC110Aab7189a4F864d41680e4F7865FB | Frax - FraxCCFarmV4_cvxLP |
| 0x66fE69A5D2f44645aa904d44152Bd92d49A0E7d7 | Horiza - Bribe |
| 0xa67a352B1501775e7C2A25C3f39E310E6F198f31 | Horiza - Bribe |
| 0xb69BB749bCc1cdD56861525fF9DADf5AF76Fc5f1 | Ramses - Bribe |
| 0x99e0896d149c3d2a50a6aFd44fE41fb73448dBb5 | Ramses - Bribe |
| 0x49894a90c15Fde52bAD37AC4a8cb54465FEc3a72 | Ramses - Bribe |
| 0x364C80e9418B65110157Bc7681Ed761B3188F59E | Ramses - Bribe |
| 0x9Dc623a12fc3dC87cB23c53C68330A22ea084B3A | Ramses - Bribe |
| 0xcb81454ec05274640eD5129cC0363947B0B9d0ec | Ramses - Bribe |
| 0x96412caB79c3A4c5cACD8b6fbFbEa36F4cA3791a | Wombat - Bribe |
| 0x68F6d90727EB96eeC1C9f50578213e8e6d59128b | BeefyBoost |
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, 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 11: 100k ARB
- Week 12: 100k ARB
Summary of changes to the original plan: N/A