# 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:** 5
**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")
# [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. --- _[View the full topic](https://forum.arbitrum.foundation/t/gamma-stip-program-updates/19614)._