Gamma STIP Program Updates

[Gamma] Bi-Weekly Update 6

Overview

Original Proposal and Snapshot

Recap of the Previous Two Weeks

Gamma reduced incentives by 30% across all pairs via the results from our interim report.

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, including audit results from OpenZeppelin.

ARB Received Last Disbursement:

107,143

ARB Utilized as Incentives in the Last Two Weeks:

75,000

Gamma STIP Dashboard

Contracts incentivized over the last 2 weeks:

Gamma Vault Vault Address ARB P6
WETH-USDC (narrow) 0xd7Ef5Ac7fd4AAA7994F3bc1D273eAb1d1013530E 5000.00
ARB-USDC (narrow) 0x29237292F15BC3615BFCc0D958C265Aa64527FB2 7000.00
WETH-USDT (narrow) 0x9330e26b5Fc0b7c417C6bD901528d5c65BE5cdf2 4500.00
WETH-ARB (narrow) 0x863cb3E55526Fa2F7e6b04ecf21Ea39143AC8056 6500.00
WETH-LINK (narrow) 0xF3557102C0cCBE07EE237B6eE70984f313886432 2000.00
DPX-WETH (narrow) 0x610C18bA42FBCE096CD9A894a1025EA0B69B581a 100.00
MAGIC-WETH (narrow) 0x6F8401bd348B3f8cDabc8C81dbD0Ac255abCB4e5 1000.00
GRAIL-WETH (narrow) 0x97D81162B96D57476CcF170595a39c1DC76676c9 1500.00
WETH-GMX (narrow) 0x9bdb8335619bA4E20Bea1321f8E32f45fD6e6e22 1500.00
plsARB-ARB (stable) 0x4D519650E86bc7fCab036314a160653FBcfE05C4 100.00
WINR-USDC.e (narrow) 0x7d89a94E486b6081E8683fbB879Aa0fdaFD1702d 400.00
SOL-USDC (narrow) 0x1cf4293125913cB3Dea4aD7f2bb4795B9e896CE9 400.00
ARB-USDC (narrow) 0x524D49847E644eD908d65396166EaCeF5C2D2a41 5000.00
WETH-ARB (narrow) 0x8909ae223c31F35763c60f06B358F7963687f3eB 4000.00
WETH-USDC (narrow) 0x81639d88451c96b8eff9fa5206Da2F1147Bc3067 3000.00
WETH-LQTY (narrow) 0x3d66F6FfF1F0FcD6dCD6F58398005Dc8c6a55C14 500.00
ARB-USDC.e (narrow) 0x5F4cED6237BBB278b693a2b46d3ef1f45ba27ea9 7250.00
ARB-USDT (narrow) 0x95375694685E39997828Ed5B17f30f0A3eD90537 6000.00
MAGIC-WETH (narrow) 0x9F0166a37A511d2D6647864Dd0abDc1Ef6699a0C 4500.00
RDNT-WETH (narrow) 0x2BCBDD577616357464CFe307Bc67F9e820A66e80 1000.00
USDC-LINK (narrow) 0xf8b645c32F660f5c997ED250f264cA4a0E7A5967 2500.00
WETH-LINK (narrow) 0xfA392dbefd2d5ec891eF5aEB87397A89843a8260 3000.00
GNS-WETH (narrow) 0xF66DA0f517c6f5431c77f4d0525EbC4b3bb40578 750.00
WETH-ARB (narrow) 0xdaB1dA56965B1aaaBE38774E8B74C3Ade8fc439E 3000.00
WETH-ARB (narrow) 0x2FD6FD1E3f1fE24cC1422D22e62884A4528d1A24 4500.00
TOTALS 75000.00

Gamma STIP Dashboard

Contract address label Form 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

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

|## Contract address label Form 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.