Gamma Bi-Weekly Update - July 1, 2024
Recap of the Previous Two Weeks
ARB Received Last Disbursement:
62,500 on Jun-24-2024 05:43:23 AM +UTC
ARB Utilized as Incentives in the Last Two Weeks:
62,500
Contracts incentivized over the last 2 weeks:
Camelot - WETH-USDC (narrow) - 0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E
Ramses - WETH-USDC (narrow) - 0x81639d88451c96b8eff9fa5206Da2F1147Bc3067
Uniswap - ARB-USDC.e (narrow) - 0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9
Contract address label Form completed for all addresses:
Complete
ARB left over:
31,250
Plan for leftover ARB:
Week 2 of incentives
Summary of incentives:
In contrast to the last STIP, Gamma simplified its deployments and launched on three major vaults. These pairs are high-volume critical pairs for Arbitrum on Uniswap, Camelot, and Ramses. Due to the amount of incentives available, these pairs were the best choice to add incentives to. Gamma is evaluating their performance week-to-week to see if adjustments need to be made.
Additional Info / Disclosures to Multisig:
No additional disclosures
STATS (NOTE: Incentives began 6/25/2024 @ 19:00:00 UTC)
Average daily TVL:
$3,184,110.82
Average daily transactions:
486 txns / day
Average daily volumes:
$17,766,187 volume / day
Number of unique user addresses:
279 unique addresses
Transaction fees:
$49,339.79 or $8223,30 fees / day
Link to Dashboard showing metrics:
Gamma STIP-B KPI Dashboard
Plan For the Next Two Weeks
Amount of ARB to be distributed:
62,500 ARB
Contracts that will be incentivized:
Camelot - WETH-USDC (narrow) - 0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E
Ramses - WETH-USDC (narrow) - 0x81639d88451c96b8eff9fa5206Da2F1147Bc3067
Uniswap - ARB-USDC.e (narrow) - 0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9
Contract address label Form completed for all addresses:
Completed
Mechanism for distribution incentives:
Gamma uses a combination of Angle Merkl, in-house contracts, and Ramses distribution contracts for incentives.
Summary of incentives plan:
Gamma will deploy incentives on the same vaults as week 1.
Summary of changes to the original plan:
No changes