Furucombo STIP Program Updates

[Furucombo] Bi-Weekly Update [1/8 to 1/22] - Epoch #1

We are happy to announce that we have kicked off our Arbitrum Wonderland Campaign on Furucombo where any user who performs an advanced trading action on the Lending Dashboard (debt swap, collateral swap, leverage, and deleverage) can earn $ARB tokens based on the volume of the transactions they perform to manage their positions on Aave, Compound, and Radiant.

We look to continue to increase the volume generated and the amount of users for the remaining of the campaign and we continue to share strategies on our social media to help to explain to users how to participate in the campaign and why utilizing Furucombo is a powerful tool to manage your position. This includes our latest Arbitrum Workshop video release to explain all the details of the campaign.

We thank everyone for your continued support in the campaign.

ARB Received Last Disbursement: 17,000

ARB Utilized as Incentives in the Last Two Weeks: 900

Contracts incentivized over the last 2 weeks: Debt swap, Collateral swap, Leverage, and Deleverage on the Lending Dashboard

Contract address label Form completed for all addresses: Rewards not automatically distributed to an on-chain contract

ARB left over: 16,099

Plan for leftover ARB: The leftover ARB will be continued to be added to the volume campaign. If at the end of the campaign the remaining ARB has not been used, we would like to extend the campaign past the deadline and continue to issue ARB rewards until the rewards have been fully distributed (100% to users). In this way we can avoid wash trading as our intention is to secure real users and real volume for the Arbitrum chain.

Summary of incentives: Link to Dune Dashboard

STATS

Total epoch 1 volumes: $479,309.69

Total epoch 1 number of unique user addresses: 34

Link to Dashboard showing metrics: Dune Dashboard

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[Furucombo] Bi-Weekly Update [1/22 to 2/5] - Epoch #2

Changes for this bi-weekly update

ARB Utilized as Incentives in the Last Two Weeks: 911

Contracts incentivized over the last 2 weeks: Debt swap, Collateral swap, Leverage, and Deleverage on the Lending Dashboard

ARB left over: 15,188

STATS

Total epoch 2 volumes: $476,165

Total epoch 1 number of unique user addresses: 25

Kinds of Transactions users are performing:

  • Debt Swaps: 19 transactions
  • Collateral Swaps: 25 transactions
  • Leverage: 5 transactions
  • Deleverage: 36 transactions

Link to Dashboard showing metrics: Dune Dashboard

[Furucombo] Bi-Weekly Update [2/5 to 2/19] - Epoch #3

Changes for this bi-weekly update

Modifications to Campaign: We will add Deposit, Withdraw, Repay, and Borrow to the kinds of transactions that can earn $ARB in this campaign. That means ANY trading action on the Lending Dashboard on Furucombo will earn rewards.

ARB Utilized as Incentives in the Last Two Weeks: 999.22

Contracts incentivized over the last 2 weeks: Debt swap, Collateral swap, Leverage, and Deleverage on the Lending Dashboard

ARB left over: 14,188.78

STATS

Total epoch 3 volumes: $516,653

Total epoch 3 number of unique user addresses: 18

Kinds of Transactions users are performing:

  • Debt Swaps: 14 transactions
  • Collateral Swaps: 12 transactions
  • Leverage: 5 transactions
  • Deleverage: 36 transactions

Link to Dashboard showing metrics: Dune Dashboard

Link to Reward Distribution Transaction: Arbitrum Transaction Hash (Txhash) Details | Arbiscan