Galxe Bi-Weekly Update (Dec 15, 2023)

Recap of the Previous Two Weeks

ARB Received Last Disbursement: 142,856

ARB Utilized as Incentives in the Last Two Weeks: 119,886

Contracts incentivized over the last 2 weeks: 0xeE2385F996C0C895eD874278368f46f78055d2BE

Contract address label Form completed for all addresses: Yes

ARB left over: 380,114

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: 8,913

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: n/a - the first wave of campaigns is ending over the next few days and no new ARB will be incentivized during this period. Eligible users can begin claiming their ARB rewards at the end of the first wave of campaigns this week and next

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

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