# Gamma STIP Program Updates **URL:** \ **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:** 1\ **Showing post:** 2
**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")
# [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. --- _[View the full topic](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614)._