# Gamma STIP Program Updates

**URL:** <https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614>\
**Category:** Biweekly Updates (STIP)\
**Created:** [November 17, 2023, 9:51am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614 "2023-11-17T09:51:11Z")\
**Posts on this page:** 13\
**Page:** 1

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [November 17, 2023, 9:51am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/1 "2023-11-17T09:51:11Z")

</div>

# [Gamma] Bi-Weekly Update

# Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

[Gamma](https://x.com/GammaStrategies?s=20) has spent the past two weeks fine-tuning pool allocation and selection in preparation for the STIP. We evaluated every active concentrated liquidity pool we could support on Arbitrum. Gamma used established methodology and some of our latest techniques to evaluate pools for need and potential. This included historical volatility, pair correlation, fee production, volume, subjective project characteristics, and more. We spoke directly with our partner AMMs about their liquidity needs and preferences, contacted new projects, and carefully noted other STIP awardees and where they were incentivizing.

After we cleared the KYC process, we went into go mode, deploying new vaults and setting up the rewarder infrastructure needed to distribute incentives. Gamma settled on a mix of in-house rewarders ([GammaChef](https://docs.gamma.xyz/gamma/features/incentives#gammachef)), [AMM-built reward systems](https://docs.camelot.exchange/protocol/nitro-pools), and [Angle Merkl](https://docs.gamma.xyz/gamma/features/incentives#angle-merkl) for distributing our rewards. Each vault and incentive contract deployment involved several rounds of testing, safety checks, and approvals.

We also built a [STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing) so the public can quickly get information about contracts, incentive allocations, and access direct links to our web application.

We deployed our incentive program in two stages. [Camelot](https://app.gamma.xyz/dashboard/camelot/arbitrum) opened on November 14, 2023, followed by [Ramses](https://app.gamma.xyz/dashboard/ram/arbitrum), [Uniswap](https://app.gamma.xyz/dashboard/uni/arbitrum), and [SushiSwap](https://app.gamma.xyz/dashboard/sushi/arbitrum) on November 15, 2023. [PancakeSwap](https://app.gamma.xyz/dashboard/cake/arbitrum) incentives will be starting shortly.

User response to the STIP has been tremendous! Gamma’s Arbitrum TVL has exploded to over [$35.8 million](https://defillama.com/protocol/gamma), running away with the lead as Gamma’s number-one supported chain. We’ve seen a surge of activity on our partner AMMs.

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/0/0d1ec12624a3163d10c3ffd1e86678466c98b7bd.png)  
We’re happy to report that everything is running smoothly on our end, and we look forward to evaluating the early results of the STIP program in this report.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x72bb04da32c53da517eec9b1b757fbb5b912aa0433fbaa806fb746b1ef8951e7)

## ARB Utilized as Incentives in the Last Two Weeks:

| AMM | ARB Rate | Days Elapsed | ARB Dispersed |
| --- | --- | --- | --- |
| Camelot | 3061 | 2.523877315 | 7,726.16 |
| Ramses | 1276 | 1.523877315 | 1,943.72 |
| Uniswap | 2551 | 1.523877315 | 3,887.44 |
| PancakeSwap | 306 | 0 | 0.00 |
| SushiSwap | 459 | 1.523877315 | 699.74 |
| | | **Total** | **14,257.06** |
| | | **Remaining** | **92,885.94** |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| AMM | Gamma Vault | Vault Address | ARB Distributed |
| --- | --- | --- | --- |
| [camelot](https://info.camelot.exchange/pair/v3/0xb1026b8e7276e7ac75410f1fcbbe21796e8f7526) | [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 1287.692508 |
| [camelot](https://info.camelot.exchange/pair/v3/0xfae2ae0a9f87fd35b5b0e24b47bac796a7eefea1) | [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 1802.769511 |
| [camelot](https://info.camelot.exchange/pair/v3/0x7cccba38e2d959fe135e79aebb57ccb27b128358) | [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 1158.923257 |
| [camelot](https://info.camelot.exchange/pair/v3/0xe51635ae8136abac44906a8f230c2d235e9c195f) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 1674.00026 |
| [camelot](https://info.camelot.exchange/pair/v3/0xe8795cF9c2309eCfe05Df028eB0F21D5D6e3a951) | [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 515.0770031 |
| [camelot](https://info.camelot.exchange/pair/v3/0x59a327d948db1810324a04d69cbe9fe9884f8f28#code) | [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) | 128.7692508 |
| [camelot](https://info.camelot.exchange/pair/v3/0x1106dB7165A8d4a8559B441eCdEe14a5d5070DbC) | [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 257.5385015 |
| [camelot](https://info.camelot.exchange/pair/v3/0x60451B6aC55E3C5F0f3aeE31519670EcC62DC28f) | [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 386.3077523 |
| [camelot](https://info.camelot.exchange/pair/v3/0xC99be44383BC8d82357F5A1D9ae9976EE9d75bee) | [USDC-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 386.3077523 |
| [camelot](https://info.camelot.exchange/pair/v3/0x47A52B2beE1a0cc9A34BB9EE34C357C054112c3E) | [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) | 128.7692508 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0xee5f2e39d8abf28e449327bfd44317fc500eb4d8) | [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 777.4884259 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0x6ce9bc2d8093d32adde4695a4530b96558388f7e) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 621.9907407 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0x30afbcf9458c3131a6d051c621e307e6278e4110) | [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 466.4930556 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0xfdf4e57af777d492037eca0c50d7f03eb0807f88) | [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 77.74884259 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xcda53b1f66614552f834ceef361a8d12a0b8dad8) | [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 1127.358218 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xb791ad21ba45c76629003b4a2f04c0d544406e37) | [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 932.9861111 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x59d72ddb29da32847a4665d08ffc8464a7185fae) | [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 583.1163194 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x2334d412da299a21486b663d12c392185b313aaa) | [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x1f70F9c577bB91f1445C7144Fe66D15F7041fd10](https://arbiscan.io/address/0x1f70f9c577bb91f1445c7144fe66d15f7041fd10) | 155.4976852 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x655c1607f8c2e73d5b4ddabce9ba8792b87592b6) | [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 388.744213 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x468b88941e7cc0b88c1869d68ab6b570bcef62ff) | [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 466.4930556 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xc91b7b39bbb2c733f0e7459348fd0c80259c8471) | [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 116.6232639 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xdeb066fe0e7726cbd5d0c4d5a210cfaa16ae1dda) | [WETH-LODE (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-lode-3000-narrow) | [0x08A61A58ab10db054fBbE57996e89A69DdEba2F3](https://arbiscan.io/address/0x08a61a58ab10db054fbbe57996e89a69ddeba2f3#code) | 116.6232639 |
| [pancakeswap](https://pancakeswap.finance/info/v3/arb/pairs/0x0d7c4b40018969f81750d0a164c3839a77353efb?chain=arb) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 0 |
| [sushiswap](https://www.sushi.com/pool/42161%3A0xb3942c9ffa04efbc1fa746e146be7565c76e3dc1) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 699.7395833 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## ARB left over:

92,885.94

## Plan for leftover ARB:

Continue to distribute ARB as incentives. Adjust rates if needed to compensate for the deployment of special pools or unforeseen consequences.

## Summary of incentives:

Camelot’s pools received approximately 41% of our incentives. Uniswap received about 35% of the available incentives, Ramses 17%, and SushiSwap 7%. PancakeSwap was not incentivized in this period.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, several stablecoins, and several severely undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

Minor delay on PancakeSwap deployment. We are waiting on PancakeSwap to prepare the pool for incentives. Should be deployed shortly after this update.

# Statistics

## Average daily TVL:

$5,474,300 / day on incentivized vaults

## Average daily transactions:

1800 / day on incentivized vaults

## Average daily volumes:

$23,739,754 / day on incentivized vaults

## Number of unique user addresses:

Omitted as calculations are not reliable. Refactoring for the next update.

## Transaction fees:

$25,222 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

107,143

## Contracts that will be incentivized:

| AMM | Gamma Vault | Vault Address | ARB / Day |
| --- | --- | --- | --- |
| [camelot](https://info.camelot.exchange/pair/v3/0xb1026b8e7276e7ac75410f1fcbbe21796e8f7526) | [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 7,142.86 |
| [camelot](https://info.camelot.exchange/pair/v3/0xfae2ae0a9f87fd35b5b0e24b47bac796a7eefea1) | [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 10,000.00 |
| [camelot](https://info.camelot.exchange/pair/v3/0x7cccba38e2d959fe135e79aebb57ccb27b128358) | [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 6,428.57 |
| [camelot](https://info.camelot.exchange/pair/v3/0xe51635ae8136abac44906a8f230c2d235e9c195f) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 9,285.71 |
| [camelot](https://info.camelot.exchange/pair/v3/0xe8795cF9c2309eCfe05Df028eB0F21D5D6e3a951) | [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 2,857.14 |
| [camelot](https://info.camelot.exchange/pair/v3/0x59a327d948db1810324a04d69cbe9fe9884f8f28#code) | [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) | 714.29 |
| [camelot](https://info.camelot.exchange/pair/v3/0x1106dB7165A8d4a8559B441eCdEe14a5d5070DbC) | [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 1,428.57 |
| [camelot](https://info.camelot.exchange/pair/v3/0x60451B6aC55E3C5F0f3aeE31519670EcC62DC28f) | [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 2,142.86 |
| [camelot](https://info.camelot.exchange/pair/v3/0xC99be44383BC8d82357F5A1D9ae9976EE9d75bee) | [USDC-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 2,142.86 |
| [camelot](https://info.camelot.exchange/pair/v3/0x47A52B2beE1a0cc9A34BB9EE34C357C054112c3E) | [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) | 714.29 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0xee5f2e39d8abf28e449327bfd44317fc500eb4d8) | [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 7,142.86 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0x6ce9bc2d8093d32adde4695a4530b96558388f7e) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 5,714.29 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0x30afbcf9458c3131a6d051c621e307e6278e4110) | [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 4,285.71 |
| [ramses](https://cl.analytics.ramses.exchange/#/arbitrum/pools/0xfdf4e57af777d492037eca0c50d7f03eb0807f88) | [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 714.29 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xcda53b1f66614552f834ceef361a8d12a0b8dad8) | [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 10,357.14 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xb791ad21ba45c76629003b4a2f04c0d544406e37) | [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 8,571.43 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x59d72ddb29da32847a4665d08ffc8464a7185fae) | [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 5,357.14 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x2334d412da299a21486b663d12c392185b313aaa) | [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x1f70F9c577bB91f1445C7144Fe66D15F7041fd10](https://arbiscan.io/address/0x1f70f9c577bb91f1445c7144fe66d15f7041fd10) | 1,428.57 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x655c1607f8c2e73d5b4ddabce9ba8792b87592b6) | [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 3,571.43 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0x468b88941e7cc0b88c1869d68ab6b570bcef62ff) | [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 4,285.71 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xc91b7b39bbb2c733f0e7459348fd0c80259c8471) | [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 1,071.43 |
| [uniswap](https://info.uniswap.org/#/arbitrum/pools/0xdeb066fe0e7726cbd5d0c4d5a210cfaa16ae1dda) | [WETH-LODE (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-lode-3000-narrow) | [0x08A61A58ab10db054fBbE57996e89A69DdEba2F3](https://arbiscan.io/address/0x08a61a58ab10db054fbbe57996e89a69ddeba2f3#code) | 1,071.43 |
| [pancakeswap](https://pancakeswap.finance/info/v3/arb/pairs/0x0d7c4b40018969f81750d0a164c3839a77353efb?chain=arb) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 4,285.71 |
| [sushiswap](https://www.sushi.com/pool/42161%3A0xb3942c9ffa04efbc1fa746e146be7565c76e3dc1) | [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 6,428.57 |

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, several stablecoins, and several severely undercapitalized pools.

## Summary of changes to the original plan:

No changes to the original plan, save for activation of PancakeSwap’s rewards. Fix the issue with querying Unique User Addresses.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [December 1, 2023, 6:20am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/2 "2023-12-01T06:20:35Z")

</div>

# [Gamma] Bi-Weekly Update 2

# Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

[Gamma](https://x.com/GammaStrategies?s=20) has fully deployed its STIP program, including the remaining vault of [PancakeSwap](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow). After the STIP was deployed, we paid careful attention to vault performance and ensured our program did not conflict with Camelot’s or Uniswap’s incentive programs. Each vault was reviewed for safety and proper functionality. We also deployed more analytics to get our active users.

Our [STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing) continues to be updated as our program proceeds.

User response to the STIP has been tremendous! Gamma’s Arbitrum TVL has remained over [$35 million](https://defillama.com/protocol/gamma). Arbitrum now dominates Gamma’s TVL We’ve seen an increase in volume and activity across most of our vaults.

We’re happy to report that everything is running smoothly, and we look forward to evaluating the next few weeks of the STIP program in this report.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0xda4a6f4d17e432ba0d344625a8640d79c58963c2252e262273cb0ca3b5a57a1c)

## ARB Utilized as Incentives in the Last Two Weeks:

104,744

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address |
| --- | --- |
| WETH-USDC (narrow) | 0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E |
| ARB-USDC (narrow) | 0x29237292F15BC3615BFCc0D958C265Aa64527FB2 |
| WETH-USDT (narrow) | 0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2 |
| WETH-ARB (narrow) | 0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056 |
| WETH-LINK (narrow) | 0xF3557102C0cCBE07EE237B6eE70984f313886432 |
| DPX-WETH (narrow) | 0x610C18bA42FBCE096CD9A894a1025EA0B69B581a |
| MAGIC-WETH (narrow) | 0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5 |
| GRAIL-WETH (narrow) | 0x97D81162B96D57476CcF170595a39c1DC76676c9 |
| USDC-GMX (narrow) | 0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22 |
| plsARB-ARB (stable) | 0x4D519650E86bc7fCab036314a160653FBcfE05C4 |
| ARB-USDC (narrow) | 0x524D49847E644eD908d65396166EaCeF5C2D2a41 |
| WETH-ARB (narrow) | 0x8909ae223c31F35763c60f06B358F7963687f3eB |
| WETH-USDC (narrow) | 0x81639d88451c96b8eff9fa5206Da2F1147Bc3067 |
| WETH-LQTY (narrow) | 0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14 |
| ARB-USDC.e (narrow) | 0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9 |
| ARB-USDT (narrow) | 0x95375694685E39997828Ed5B17f30f0A3eD90537 |
| MAGIC-WETH (narrow) | 0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C |
| RDNT-WETH (narrow) | 0x1f70F9c577bB91f1445C7144Fe66D15F7041fd10 |
| USDC-LINK (narrow) | 0xf8b645c32F660f5c997ED250f264cA4a0E7A5967 |
| WETH-LINK (narrow) | 0xfA392dbefd2d5ec891eF5aEB87397A89843a8260 |
| GNS-WETH (narrow) | 0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578 |
| WETH-LODE (narrow) | 0x08A61A58ab10db054fBbE57996e89A69DdEba2F3 |
| WETH-ARB (narrow) | 0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E |
| WETH-ARB (narrow) | 0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

93,780.40

## Plan for leftover ARB:

Continue to distribute ARB as incentives. Adjust rates if needed to compensate for the deployment of special pools or unforeseen consequences.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$17,029,784 / day on incentivized vaults

## Average daily transactions:

946 / day on incentivized vaults

## Average daily volumes:

$34,267,652 / day on incentivized vaults

## Number of unique user addresses:

1,755

## Transaction fees:

$27,276 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

107,143

## Contracts that will be incentivized:

| Gamma Vault | Vault Address |
| --- | --- |
| WETH-USDC (narrow) | 0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E |
| ARB-USDC (narrow) | 0x29237292F15BC3615BFCc0D958C265Aa64527FB2 |
| WETH-USDT (narrow) | 0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2 |
| WETH-ARB (narrow) | 0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056 |
| WETH-LINK (narrow) | 0xF3557102C0cCBE07EE237B6eE70984f313886432 |
| DPX-WETH (narrow) | 0x610C18bA42FBCE096CD9A894a1025EA0B69B581a |
| MAGIC-WETH (narrow) | 0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5 |
| GRAIL-WETH (narrow) | 0x97D81162B96D57476CcF170595a39c1DC76676c9 |
| USDC-GMX (narrow) | 0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22 |
| plsARB-ARB (stable) | 0x4D519650E86bc7fCab036314a160653FBcfE05C4 |
| ARB-USDC (narrow) | 0x524D49847E644eD908d65396166EaCeF5C2D2a41 |
| WETH-ARB (narrow) | 0x8909ae223c31F35763c60f06B358F7963687f3eB |
| WETH-USDC (narrow) | 0x81639d88451c96b8eff9fa5206Da2F1147Bc3067 |
| WETH-LQTY (narrow) | 0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14 |
| ARB-USDC.e (narrow) | 0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9 |
| ARB-USDT (narrow) | 0x95375694685E39997828Ed5B17f30f0A3eD90537 |
| MAGIC-WETH (narrow) | 0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C |
| RDNT-WETH (narrow) | 0x1f70F9c577bB91f1445C7144Fe66D15F7041fd10 |
| USDC-LINK (narrow) | 0xf8b645c32F660f5c997ED250f264cA4a0E7A5967 |
| WETH-LINK (narrow) | 0xfA392dbefd2d5ec891eF5aEB87397A89843a8260 |
| GNS-WETH (narrow) | 0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578 |
| WETH-ARB (narrow) | 0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E |
| WETH-ARB (narrow) | 0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

## Summary of changes to the original plan:

No large-scale changes to the original plan.

---

<div class="post-metadata">

**Author:** ![brisket](https://avatars.discourse-cdn.com/v4/letter/b/c77e96/32.png) [@brisket](https://forum.arbitrum.foundation/u/brisket)\
**Post date:** [December 2, 2023, 1:00am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/3 "2023-12-02T01:00:56Z")

</div>

I tried to use gamma but I find it extremely hard to understand which pools are incentivized and to which extent. I think rethinking the UI to make it clearer would greatly improve the effectiveness of this gamma STIP grant.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [December 15, 2023, 10:18am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/4 "2023-12-15T10:18:26Z")

</div>

# [Gamma] Bi-Weekly Update 3

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

[Gamma](https://x.com/GammaStrategies?s=20) has fully deployed its STIP program. The team continued to watch for changing market conditions and evaluate the performance of the incentives. Our Galxe campaign concluded on December 13, 2023. We also reorganized our [STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing) to better show emissions per period and change control through the different periods.

The STIP continues accelerating every metric we evaluate, including user participation, total value locked (TVL), volume through vaults (VTV), fee production, and more. Gamma’s Arbitrum TVL is now [$39 million](https://defillama.com/protocol/gamma).

Period 3 ran smoothly, and we’re looking forward to some optimizations for Period 4.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x72bb04da32c53da517eec9b1b757fbb5b912aa0433fbaa806fb746b1ef8951e7)

## ARB Utilized as Incentives in the Last Two Weeks:

107,142.86

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address |
| --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) |
| [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) |
| [USDC-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) |
| [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x1f70F9c577bB91f1445C7144Fe66D15F7041fd10](https://arbiscan.io/address/0x1f70f9c577bb91f1445c7144fe66d15f7041fd10) |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

93,183.68 (from Period 1 start)

## Plan for leftover ARB:

Continue to disperse ARB at steady rates.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$20,575,650 / day on incentivized vaults

## Average daily transactions:

1,054 / day on incentivized vaults

## Average daily volumes:

$39,097,905 / day on incentivized vaults

## Number of unique user addresses:

1,909

## Transaction fees:

$52,405 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

107,143

## Contracts that will be incentivized:

New Camelot pairs added:

| Gamma Vault | Vault Address |
| --- | --- |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, several stablecoins, and several undercapitalized pools.

## Summary of changes to the original plan:

No large-scale changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [December 29, 2023, 10:10am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/5 "2023-12-29T10:10:27Z")

</div>

# [Gamma] Bi-Weekly Update 4

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

[Gamma](https://x.com/GammaStrategies?s=20) has fully deployed its STIP program. The team continued to watch for changing market conditions and evaluate the performance of the incentives. Gamma made no changes for Period 4. We made some adjustments to our [STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing) and revised Uniswap’s figures due to missing RDNT-WETH

Although the growth rate has slowed, KPIs continue to increase, including user participation, total value locked (TVL), volume through vaults (VTV), fee production, and more. Gamma’s Arbitrum TVL is now [$40 million](https://defillama.com/protocol/gamma)

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x0f4ee8cf0563fa2424ba5dbfd578f92d217092cb2e279cf094e05404943e84df)

## ARB Utilized as Incentives in the Last Two Weeks:

107142.86

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address |
| --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) |
| [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) |
| [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) |
| [WETH-LODE (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-lode-3000-narrow) | [0x08A61A58ab10db054fBbE57996e89A69DdEba2F3](https://arbiscan.io/address/0x08a61a58ab10db054fbbe57996e89a69ddeba2f3#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

93,183.68

## Plan for leftover ARB:

Continue to disperse ARB at steady rates.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$23,927,063 / day on incentivized vaults

## Average daily transactions:

772 / day on incentivized vaults

## Average daily volumes:

$46,047,065 / day on incentivized vaults

## Number of unique user addresses:

1180

## Transaction fees:

$62,124 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

107,143

## Contracts that will be incentivized:

New Camelot pairs added:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, several stablecoins, and several undercapitalized pools.

## Summary of changes to the original plan:

No large-scale changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [January 9, 2024, 2:52am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/6 "2024-01-09T02:52:22Z")

</div>

# [Gamma] Interim Update

An update about Gamma’s STIP grant in the context of a recent security incident

# Summary of the Incident

[Link to Post-Mortem](https://medium.com/gamma-strategies/post-mortem-remediation-plan-9a62f10d90f3)

At approximately January 4, 3:45 AM UTC, members of the Gamma team realized a successful exploit was occurring on several Arbitrum stable and LST vaults across several exchanges.

The following vaults were attacked:

**NOTE: None of these vaults were selected for incentives by the GAMMA STIP program.**

gDAI-DAI 0.01% (Uniswap — Arbitrum)  
Vault Address: 0x33985Ca762541e2412F454c6F2e7EC677645D1dF  
Pool Address: 0x9F934D552476c992De3751A4873f2C1fBEB032B2  
Losses: ~ $2.74M

wstETH-WETH (Camelot — Arbitrum)  
Vault Address: 0x3D53aC3Abec01827cAaE5Bc934d46b171cEa2206  
Pool Address: 0xdEb89DE4bb6ecf5BFeD581EB049308b52d9b2Da7  
Losses: ~ $771K

USDT-USDC.e (Camelot — Arbitrum)  
Vault Address: 0x61A7b3dae70D943C6f2eA9ba4FfD2fEcc6AF15E4  
Pool Address: 0x3AB5DD69950a948c55D1FBFb7500BF92B4Bd4C48  
Losses: ~ $1.357M

USDC-USDC.e (Ramses — Arbitrum)  
Vault Address: 0x80709a760Ff54112bD3e0CE31C104d912bA51774  
Pool Address: 0x562d29b54d2c57F8620C920415C4dCEAdD6dE2d2  
Losses: ~ $1.313M

# Immediate Response

Our first response was restricting vault deposits to mitigate the attack vector immediately. Because the attack vector relied on the ability to make deposits into the pool, restricting vault deposits on every public-facing vault was a broad but effective means of nullifying the attack. Going network-by-network, we restricted all deposits at the smart contract level and notified our partner AMMs as soon as such actions were taken.

Gamma tried to contact the attacker and understand the attack vector in detail.

# Further Response

We are engaging OpenZeppelin to audit our deposit proxy configurations. The engagement is expected to start early next week, after which we will implement the changes necessary to ensure the safety of our deposit proxy configurations for all our vaults. Once the changes have been implemented, we will reopen deposits. The estimated time for re-opening deposits could be 1–3 weeks.

# Need to Evaluate Incentives

A need arose immediately to assess the STIP incentive rates on each vault. STIP rewards continued to be dispersed throughout this period at the typically set rates for Period 5.

With users unable to deposit, we felt it could be viewed as unfair that users who withdrew out of caution could no longer collect incentives.

We also wanted to avoid shutting down the whole program, as hundreds of millions of dollars of volume were being facilitated by Gamma’s vaults, and vaults continued to be managed successfully.

# Creating Reports

Gamma is currently in “Period 5” of the STIP. Each period runs 14 calendar days. Period 5 is active from 12/27/2023 16:00:00 - 1/10/2024 16:00:00. (UNIX 1703692800 - 1704902400).

The attack began on 1/4/2024 at 3:37:30 (UNIX 1704339450).

To better explain and evaluate the STIP, we conducted our standard biweekly reporting but broke Period 5 up into several different reports:

1. “Pre-incident” Period 5 from 12/27/2023 16:00:00 to 1/4/2024 3:37:30 (7.48 days)
2. “Post-incident Interim” Period 5 from 1/4/2024 3:37:30 - 1/8/2024 0:42:48 (3.88 days)
3. “Post-incident” Period 5 from 1/4/2024 3:37:30 - 1/10/2024 16:00:00 (6.52 days)
4. “Full” Period 5 from 12/27/2023 16:00:00 - 1/10/2024 16:00:00 (14.0 days)

The first and second reports have been completed to immediately assess the exploit’s effect on the Arbitrum STIP vaults.

The third and fourth reports will be completed as usual when the report is due. In this reporting period, we will likely offer all reports to the DAO for transparency and to help the Arbitrum Foundation, the DAO, and users see what happened.

# Analyzing Changes

[STIP Dashboard Link](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Total Value Locked (TVL)

The first noticeable change was the post-incident Total Value Locked (TVL) decline for each AMM. Although none of the STIP vaults were compromised, users removed funds out of caution for safety. With deposits disabled, no new users could deposit in the vaults to claim the rewards and fees.

As of 1/8/2024 at 00:42:48 UTC, approximately 28% of the TVL, or $6,558,588, has left the STIP vaults. The TVL decline varied by AMM and vault, with Ramses losing the most (52%) and Camelot losing the least (25%).

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/4/421af598ad5efbb040d02666a432ac95b94ebe92.png)

## Fees and Volume Through Vaults (VTV)

Fee production and volume fell after the incident. This decline was predictable, with so many liquidity providers (LPs) withdrawing from the vaults. Despite a surge in trading activity early in Period 5, Gamma continues to efficiently facilitate volume post-exploit.

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/f/f6d25115cbe14cc886a875a7ac72318da7760a1f.png)

## Incentives

As suspected, the incentive APRs have increased due to capital leaving the vaults, while the rewards remain the same. The Incentive liquidity rates (ILR) or the TVL per dollar spent remains excellent. But as users withdraw, a smaller and smaller group of LPs will get rewards.

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/3/3800f869dd4626ef2ed42c032f7770bbcacf90c7.png)

## Transactions

In our last example, you can dramatically see the reductions in deposits after the attack, as these vaults were shut down almost immediately.

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/4/49bd8f193920cdcd30936628e419106cfe2fc067.png)

# Proposed Modifications

In the interests of Arbitrum, Gamma, those who withdrew, and those who remain LPing, we propose measured reductions in incentives for Period 6 and, most likely, Period 7.

In the interest of fairness between the AMMs, **incentives will be reduced by 30% on all STIP vaults for Period 6** , with another evaluation for Period 7 if needed.

 ![image](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/4/4a367d23b45f17df7cc9fade4c22cb6374a88eef.jpeg)

Any incentives not expended in this period will be added to the current backlog for Periods 8 or 9. If we hit the “wall” and have to expend incentives by a marked deadline, we can increase the incentive rate near the end of the program. With volume picking up on Arbitrum (as evidenced in Period 5), we don’t feel like that’s a bad idea.

We have shared these results with the Arbitrum team, Camelot, Ramses, PancakeSwap, and SushiSwap. Those who have been able to give us feedback have approved.

# Final Thoughts

We at Gamma want to thank our users, partners, and Arbitrum for allowing us to participate in the STIP program. The Arbitrum STIP has been the largest single incentive program Gamma has deployed to date, and by far, it is our most successful.

Despite the apparent harm to everyone involved, we feel like this is an opportunity to set a standard course of action for projects that are exploited during an incentive period and respond in a highly effective way that preserves the spirit and objectives of the program.

Only a few days ago, OpenBlock Labs [designated Gamma](https://forum.arbitrum.foundation/t/openblock-labs-stip-incentive-efficacy-update-12-29/20321) as one of the most productive STIP grant recipients. We were incredibly proud of our results.

> Efficacy Across Verticals:
> 
> The “Annualized Fee Growth Relative to Claimed ARB Grant” chart on the OpenBlock dashboard evaluates the efficiency of ARB grants by comparing the annualized growth in protocol fees to the ARB grants claimed. The leading protocols, like Gamma, demonstrate strong fee growth compared to their received grants, indicating a productive use of ARB incentives. This metric, underpinned by a 7-day moving average, provides insights into the effectiveness of grant allocations in promoting protocol growth and sustainability.

 ![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/3/3128b107e54a103145053b07ba01f45d161703cc.jpeg)

We look forward to working with Arbitrum for the rest of the STIP and future endeavors.

Please let us know if you have any questions regarding this report.

Thank you,

Gamma Strategies

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [January 12, 2024, 7:30pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/7 "2024-01-12T19:30:21Z")

</div>

# [Gamma] Bi-Weekly Update 5

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

After a promising start to Period 5 with large amounts of trading activity, Gamma suffered an exploit on January 4, 2024 at approximately 3:37:30 UTC. This successful exploit occurred in several Arbitrum stable and LST vaults across several exchanges, leading to a loss of approximately $6M+ in LP funds.

None of these vaults were selected for incentives by the GAMMA STIP program.

The first response was to restrict vault deposits to mitigate the attack vector immediately. Because the attack vector relied on the ability to make deposits into the pool, restricting vault deposits on every public-facing vault was a broad but effective means of nullifying the attack. Going network-by-network, we restricted all deposits at the smart contract level and notified our partner AMMs as soon as such actions were taken.

Gamma then engaged several auditors and developed a compensation plan for the victims of the attack. A few days later, an [Interim Report](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/6) was created to analyze the issues created by the attack. It was decided to reduce ARB emissions on all vaults by 30% while deposits were closed.

This report will be split into three numbers for transparency. A pre-exploit, post-exploit, and combined number.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x279c84e31b6fb1f1751ac2a1e64d2b91f69b8234f4f363d21efceb2120adfdd2)

## ARB Utilized as Incentives in the Last Two Weeks:

107,143

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P5 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 7142.86 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 10000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 6428.57 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 9285.71 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 2857.14 |
| [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) | 142.86 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 1428.57 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 2142.86 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 2142.86 |
| [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) | 142.86 |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) | 571.43 |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) | 571.43 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 7142.86 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 5714.29 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 4285.71 |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 714.29 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 10357.14 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 8571.43 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 6428.57 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1428.57 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 3571.43 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 4285.71 |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 1071.43 |
| ([Address: 0x08a61a58...9ddeba2f3 | Arbitrum One](https://arbiscan.io/address/0x08a61a58ab10db054fbbe57996e89a69ddeba2f3#code)) | 0.00 | |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 4285.71 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 6428.57 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

93,183.68

## Plan for leftover ARB:

Continue to disperse ARB at steady rates in later periods.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$23,357,119 / day on incentivized vaults (Pre-exploit)

$18,574,859 / day on incentivized vaults (Post-exploit)

$21,131,446 / day on incentivized vaults (Period 5 Total)

## Average daily transactions:

1594 / day on incentivized vaults (Pre-exploit)

1222 / day on incentivized vaults (Post-exploit)

1421/ day on incentivized vaults (Period 5 Total)

## Average daily volumes:

$114,491,472 / day on incentivized vaults (Pre-exploit)

$66,206,858 / day on incentivized vaults (Post-exploit)

$92,019,726 / day on incentivized vaults (Period 5 Total)

## Number of unique user addresses:

1131 (Pre-exploit)

1182 (Post-exploit)

1206 (Period 5 Total)

## Transaction fees:

$1,256,080 / day on incentivized vaults (Pre-exploit)

$663,105 / day on incentivized vaults (Post-exploit)

$980,108 / day on incentivized vaults (Period 5 Total)

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

75,000 (30% deduction from previous period)

## Contracts that will be incentivized:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

All ARB emissions will be reduced by 30%.

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, several stablecoins, and several undercapitalized pools.

## Summary of changes to the original plan:

Period 6 and possibly Period 7 to be reduced while deposits are closed.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [January 26, 2024, 10:52pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/8 "2024-01-26T22:52:30Z")

</div>

# [Gamma] Bi-Weekly Update 6

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

Gamma reduced incentives by 30% across all pairs via the results from our [interim report](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/6).

Deposits remained closed until January 24, 2024 1:30 AM UTC. We immediately opened up on deposits on our STIP partner protocols for the end of Period 6.

Gamma also released a [final post-mortem](https://medium.com/gamma-strategies/security-review-and-opening-of-deposits-7dcd4e35a494), including audit results from OpenZeppelin.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0xc5575d96ca49a7298e66d5b56735a85c567a42febe6405059ff23d81c3c14e7c)

## ARB Utilized as Incentives in the Last Two Weeks:

75,000

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P6 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 5000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 7000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 4500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 6500.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 2000.00 |
| [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) | 100.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 1000.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 1500.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 1500.00 |
| [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) | 100.00 |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) | 400.00 |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) | 400.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 5000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 4000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 3000.00 |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 7250.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 6000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 4500.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2500.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 3000.00 |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 750.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 4500.00 |
| | TOTALS | 75000.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

32,143

## Plan for leftover ARB:

Continue to disperse ARB in Period 7 and 8.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$12,431,815 / day on incentivized vaults

## Average daily transactions:

371 / day on incentivized vaults

## Average daily volumes:

$31,764,957 / day on incentivized vaults

## Number of unique user addresses:

302

## Transaction fees:

$46,456 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

75,000 (holding the same as Period 6)

## Contracts that will be incentivized:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

## Summary of changes to the original plan:

No changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [February 10, 2024, 6:33pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/9 "2024-02-10T18:33:06Z")

</div>

# [Gamma] Bi-Weekly Update 7

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

Gamma continued operating at reduced incentives as TVL started to return.[interim report](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/6).

Deposits began to rise to pre-exploit levels over Period 7.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0xc5575d96ca49a7298e66d5b56735a85c567a42febe6405059ff23d81c3c14e7c)

## ARB Utilized as Incentives in the Last Two Weeks:

75,000

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P6 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 5000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 7000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 4500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 6500.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 2000.00 |
| [DPX-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/dpx-weth-narrow) | [0x610C18bA42FBCE096CD9A894a1025EA0B69B581a](https://arbiscan.io/address/0x610c18ba42fbce096cd9a894a1025ea0b69b581a) | 100.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 1000.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 1500.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 1500.00 |
| [plsARB-ARB (stable)](https://app.gamma.xyz/vault/camelot/arbitrum/details/plsarb-arb-stable) | [0x4D519650E86bc7fCab036314a160653FBcfE05C4](https://arbiscan.io/address/0x4d519650e86bc7fcab036314a160653fbcfe05c4#code) | 100.00 |
| [WINR-USDC.e (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/winr-usdc.e-narrow) | [0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d](https://arbiscan.io/address/0x7d89a94e486b6081e8683fbb879aa0fdafd1702d) | 400.00 |
| [SOL-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/sol-usdc-narrow) | [0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9](https://arbiscan.io/address/0x1cf4293125913cb3dea4ad7f2bb4795b9e896ce9#code) | 400.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 5000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 4000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 3000.00 |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 7250.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 6000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 4500.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2500.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 3000.00 |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 750.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 4500.00 |
| | TOTALS | 75000.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

32,143

## Plan for leftover ARB:

Continue to disperse ARB in Periods 8 and 9.

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$16,644,051 / day on incentivized vaults

## Average daily transactions:

970 / day on incentivized vaults

## Average daily volumes:

$21,820,099 / day on incentivized vaults

## Number of unique user addresses:

1133

## Transaction fees:

$28,836 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

75,000 (holding the same as Period 7)

## Contracts that will be incentivized:

| Gamma Vault | Vault Address | ARB P8 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4050.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5750.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3625.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5325.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1500.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 1075.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 1000.00 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 2325.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4250.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3400.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2550.00 |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 425.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6162.50 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5100.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3825.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 850.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2125.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2550.00 |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 637.50 |
| [WETH-LODE (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-lode-3000-narrow) | [0x08A61A58ab10db054fBbE57996e89A69DdEba2F3](https://arbiscan.io/address/0x08a61a58ab10db054fbbe57996e89a69ddeba2f3#code) | 0.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 2550.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 3825.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

## Summary of changes to the original plan:

No changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [February 26, 2024, 7:11pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/10 "2024-02-26T19:11:45Z")

</div>

# [Gamma] Bi-Weekly Update 8

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

Gamma continued operating at reduced incentives to extend the program.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x328c4279679159c020296a4f9b481761a80f7368c72564ce9a5a28fa965c4468)

## ARB Utilized as Incentives in the Last Two Weeks:

63,750

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P8 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4050.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5750.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3625.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5325.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1500.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 1075.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 1000.00 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 2325.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4250.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3400.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2550.00 |
| [WETH-LQTY (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-lqty-narrow) | [0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14](https://arbiscan.io/address/0x3d66f6fff1f0fcd6dcd6f58398005dc8c6a55c14#code) | 425.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6162.50 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5100.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3825.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 850.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2125.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2550.00 |
| [GNS-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/gns-weth-3000-narrow) | [0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578](https://arbiscan.io/address/0xf66da0f517c6f5431c77f4d0525ebc4b3bb40578#code) | 637.50 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 2550.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 3825.00 |
| | TOTALS | 63750.00 |
| | Camelot | 25500.00 |
| | Ramses | 10625.00 |
| | Uniswap | 21250.00 |
| | PancakeSwap | 2550.00 |
| | SushSwap | 3825.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

107,678.14

## Plan for leftover ARB:

Continue to disperse ARB in Periods 9 and 10

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.3% of the available incentives, Ramses 16.7%, PancakeSwap 4% and SushiSwap 6%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$22,186,966 / day on incentivized vaults

## Average daily transactions:

942 / day on incentivized vaults

## Average daily volumes:

$28,692,334 / day on incentivized vaults

## Number of unique user addresses:

1243

## Transaction fees:

$49,403 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

53,800 (holding the same as Period 7)

## Contracts that will be incentivized:

| Gamma Vault | Vault Address | ARB P9 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 800.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 600.00 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 1000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6200.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3800.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 1275.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 1275.00 |
| | TOTALS | 53800.00 |
| | Camelot | 21250.00 |
| | Ramses | 9500.00 |
| | Uniswap | 20500.00 |
| | PancakeSwap | 1275.00 |
| | SushSwap | 1275.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 33.33% of the available incentives, Ramses 16.67%, SushiSwap 6%, and PancakeSwap 4%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

## Summary of changes to the original plan:

No changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [March 9, 2024, 7:43am UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/11 "2024-03-09T07:43:32Z")

</div>

# [Gamma] Bi-Weekly Update 9

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

Gamma entered the second to last period of the STIP, while seeing large increases in Arbitrum activity. Gamma slightly reduced rewards to balance Period 9 and the final Period 10.

## ARB Received Last Disbursement:

[107,143](https://arbiscan.io/tx/0x328c4279679159c020296a4f9b481761a80f7368c72564ce9a5a28fa965c4468)

## ARB Utilized as Incentives in the Last Two Weeks:

53,800

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P9 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 800.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 600.00 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 1000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6200.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3800.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 1275.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 1275.00 |
| | TOTALS | 53800.00 |
| | Camelot | 21250.00 |
| | Ramses | 9500.00 |
| | Uniswap | 20500.00 |
| | PancakeSwap | 1275.00 |
| | SushSwap | 1275.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

53878.14

## Plan for leftover ARB:

Disperse in final Period 10

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 38% of the available incentives, Ramses 18%, PancakeSwap 2% and SushiSwap 2%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$24,673,161 / day on incentivized vaults

## Average daily transactions:

870 / day on incentivized vaults

## Average daily volumes:

$56,920,082 / day on incentivized vaults

## Number of unique user addresses:

1,225

## Transaction fees:

$112,550 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

53,878.14 (holding the same as Period 9)

## Contracts that will be incentivized:

| Gamma Vault | Vault Address | ARB P10 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 800.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 678.14 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 1000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6200.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3800.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 1275.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 1275.00 |
| | TOTALS | 53878.14 |
| | Camelot | 21328.14 |
| | Ramses | 9500.00 |
| | Uniswap | 20500.00 |
| | PancakeSwap | 1275.00 |
| | SushSwap | 1275.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

Yes

## Mechanism for distribution incentives:

Incentives will be distributed using Camelot Nitro, GammaChef, Angle Merkl, and MFD.

## Summary of incentives plan:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 38% of the available incentives, Ramses 18%, SushiSwap 2%, and PancakeSwap 2%.

The incentives will be spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

## Summary of changes to the original plan:

No changes to the original plan.

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [March 23, 2024, 4:44pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/12 "2024-03-23T16:44:48Z")

</div>

# [Gamma] Bi-Weekly Update 10

## Overview

[Original Proposal](https://forum.arbitrum.foundation/t/gamma-final-stip-round-1/16691) and [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01)

## Recap of the Previous Two Weeks

![](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/d/da07bf9be857ba853c401b61b63537550fd52c15.jpeg)

Gamma entered the last period of the STIP feeling confident about our allocations going to the right pools. Gamma has begun transitioning to the final report format and reviewing statistics.

## ARB Received Last Disbursement:

N/A

## ARB Utilized as Incentives in the Last Two Weeks:

53878.14

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contracts incentivized over the last 2 weeks:

| Gamma Vault | Vault Address | ARB P10 |
| --- | --- | --- |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdc-narrow) | [0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E](https://arbiscan.io/address/0xd7ef5ac7fd4aaa7994f3bc1d273eab1d1013530e#code) | 4000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/arb-usdc-narrow) | [0x29237292F15BC3615BFCc0D958C265Aa64527FB2](https://arbiscan.io/address/0x29237292f15bc3615bfcc0d958c265aa64527fb2#code) | 5000.00 |
| [WETH-USDT (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-usdt-narrow) | [0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2](https://arbiscan.io/address/0x9330e26b5fc0b7c417c6bd901528d5c65be5cdf2#code) | 3000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-arb-narrow) | [0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056](https://arbiscan.io/address/0x863cb3e55526fa2f7e6b04ecf21ea39143ac8056#code) | 5000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-link-narrow) | [0xF3557102C0cCBE07EE237B6eE70984f313886432](https://arbiscan.io/address/0xf3557102c0ccbe07ee237b6ee70984f313886432#code) | 1000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/magic-weth-narrow) | [0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5](https://arbiscan.io/address/0x6f8401bd348b3f8cdabc8c81dbd0ac255abcb4e5#code) | 850.00 |
| [GRAIL-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/grail-weth-narrow) | [0x97D81162B96D57476CcF170595a39c1DC76676c9](https://arbiscan.io/address/0x97d81162b96d57476ccf170595a39c1dc76676c9#code) | 800.00 |
| [WETH-GMX (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/weth-gmx-narrow) | [0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22](https://arbiscan.io/address/0x9bdb8335619ba4e20bea1321f8e32f45fd6e6e22#code) | 678.14 |
| [PENDLE-WETH (narrow)](https://app.gamma.xyz/vault/camelot/arbitrum/details/pendle-weth-narrow) | [0x05F3ABD2B008e8b36a410F3C42E703cB776CeCD0](https://arbiscan.io/address/0x05f3abd2b008e8b36a410f3c42e703cb776cecd0) | 1000.00 |
| [ARB-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/arb-usdc-narrow) | [0x524D49847E644eD908d65396166EaCeF5C2D2a41](https://arbiscan.io/address/0x524d49847e644ed908d65396166eacef5c2d2a41#code) | 4000.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-arb-narrow) | [0x8909ae223c31F35763c60f06B358F7963687f3eB](https://arbiscan.io/address/0x8909ae223c31f35763c60f06b358f7963687f3eb#code) | 3000.00 |
| [WETH-USDC (narrow)](https://app.gamma.xyz/vault/ram/arbitrum/details/weth-usdc-narrow) | [0x81639d88451c96b8eff9fa5206Da2F1147Bc3067](https://arbiscan.io/address/0x81639d88451c96b8eff9fa5206da2f1147bc3067#code) | 2500.00 |
| [ARB-USDC.e (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdc.e-500-narrow) | [0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9](https://arbiscan.io/address/0x5f4ced6237bbb278b693a2b46d3ef1f45ba27ea9#code) | 6200.00 |
| [ARB-USDT (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/arb-usdt-500-narrow) | [0x95375694685E39997828Ed5B17f30f0A3eD90537](https://arbiscan.io/address/0x95375694685e39997828ed5b17f30f0a3ed90537#code) | 5000.00 |
| [MAGIC-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/magic-weth-3000-narrow) | [0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C](https://arbiscan.io/address/0x9f0166a37a511d2d6647864dd0abdc1ef6699a0c) | 3800.00 |
| [RDNT-WETH (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/rdnt-weth-10000-dynamic) | [0x2BCBDD577616357464CFe307Bc67F9e820A66e80](https://arbiscan.io/address/0x2bcbdd577616357464cfe307bc67f9e820a66e80#code) | 1000.00 |
| [USDC-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/usdc-link-500-narrow) | [0xf8b645c32F660f5c997ED250f264cA4a0E7A5967](https://arbiscan.io/address/0xf8b645c32f660f5c997ed250f264ca4a0e7a5967#code) | 2000.00 |
| [WETH-LINK (narrow)](https://app.gamma.xyz/vault/uni/arbitrum/details/weth-link-3000-narrow) | [0xfA392dbefd2d5ec891eF5aEB87397A89843a8260](https://arbiscan.io/address/0xfa392dbefd2d5ec891ef5aeb87397a89843a8260#code) | 2500.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/cake/arbitrum/details/weth-arb-500-narrow) | [0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E](https://arbiscan.io/address/0xdab1da56965b1aaabe38774e8b74c3ade8fc439e#code) | 1275.00 |
| [WETH-ARB (narrow)](https://app.gamma.xyz/vault/sushi/arbitrum/details/weth-arb-3000-narrow) | [0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24](https://arbiscan.io/address/0x2fd6fd1e3f1fe24cc1422d22e62884a4528d1a24#code) | 1275.00 |
| | TOTALS | 53878.14 |
| | Camelot | 21328.14 |
| | Ramses | 9500.00 |
| | Uniswap | 20500.00 |
| | PancakeSwap | 1275.00 |
| | SushSwap | 1275.00 |

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit?usp=sharing)

## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses.

Yes

## ARB left over:

0

## Plan for leftover ARB:

N/A

## Summary of incentives:

Camelot’s pools received approximately 40% of our incentives. Uniswap received about 38% of the available incentives, Ramses 18%, PancakeSwap 2% and SushiSwap 2%.

The incentives were spread over various pools, including blue chip pairs, Arbitrum-native projects, critical multichain infrastructure, stablecoins, and undercapitalized pools.

Incentives were distributed using Camelot Nitro, GammaChef, Angle Merkl, and Ramses’s MFD.

## Additional Info / Disclosures to Multisig:

No disclosures or additional information.

# Statistics

## Average daily TVL:

$21,258,688 / day on incentivized vaults

## Average daily transactions:

767 / day on incentivized vaults

## Average daily volumes:

$54,809,422 / day on incentivized vaults

## Number of unique user addresses:

1,077

## Transaction fees:

$83,662 / day on incentivized vaults

## Link to Dashboard showing metrics:

[Gamma STIP Dashboard](https://docs.google.com/spreadsheets/d/1LAQD0NbuAYI40xToL-msSv6uT063tCXYUgrDWU9JeJk/edit#gid=1906270838)

Metrics Tab

# Next Period

## Amount of ARB to be distributed: [Insert amount of ARB]

N/A

## Contracts that will be incentivized:

N/A

[Gamma STIP

|## Contract address label [Form](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses:

N/A

## Mechanism for distribution incentives:

N/A

## Summary of incentives plan:

N/A

## Summary of changes to the original plan:

N/A

---

<div class="post-metadata">

**Author:** ![strategicreserve](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/strategicreserve/32/4350_2.png) [@strategicreserve](https://forum.arbitrum.foundation/u/strategicreserve)\
**Post date:** [April 29, 2024, 8:19pm UTC](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614/13 "2024-04-29T20:19:20Z")

</div>

We’ve updated our KPI sheet to version 4.0. It has significantly more charts and stats

> **[KPI Dashboard 4.0](https://docs.google.com/spreadsheets/d/1L__MFWM_4pBgKOvp3z9lh4N53zhH5qVKtD_pMpS1JtY/edit?usp=sharing)**
>
> Information
> 
> USER GUIDE,FINAL STATS,KEY PERFORMANCE INDICATORS (KPIs)
> Welcome the Gamma KPI Dashboard for Arbitrum STIP!
> 
> Navigate via the tabs below to see data tables, charts, raw
> data, and other features. 
> 
> If you find errors on this report or...
