Galxe Bi-Weekly Update [12/29/23]
Recap of the Previous Two Weeks
ARB Received Last Disbursement: 285,716
ARB Utilized as Incentives in the Last Two Weeks: 4611
Contracts incentivized over the last 2 weeks: 0xeE2385F996C0C895eD874278368f46f78055d2BE
Contract address label Form completed for all addresses: Yes
ARB left over: 214,284
Plan for leftover ARB: As proposed in our STIP proposal, Galxe will have a wave two and three of incentivizing protocol-level activity across the Arbitrum ecosystem
Summary of incentives: Users are eligible to claim ARB incentives on Galxe from the token reward campaigns following the verification of their eligibility on Galxe after the completion of the required credentials of each protocol.
Additional Info / Disclosures to Multisig: n/a
STATS
Average daily TVL: n/a
Average daily transactions: 8,363.5
Average daily volumes: n/a
Number of unique user addresses: still gathering this data
Transaction fees: n/a at this time due to it happening on the protocol level and not on Galxe
Link to Dashboard showing metrics: OpenBlock Labs
Plan For the Next Two Weeks
Amount of ARB to be distributed: The first wave of campaigns has ended and no new ARB will be incentivized during this period. Eligible users are now claiming their ARB rewards from the first wave. The second and third wave will be starting in January
Contracts that will be incentivized: 0xeE2385F996C0C895eD874278368f46f78055d2BE
Contract address label Form completed for all addresses: Yes
Mechanism for distribution incentives: via Galxe’s token reward module following user verification of completed credentials
Summary of incentives plan: Users are eligible to claim ARB incentives on Galxe from the token reward campaigns following the verification of their eligibility on Galxe after the completion of the required credentials of each protocol.
Summary of changes to the original plan: No changes at this time