# \[Lodestar Finance\] Bi-Weekly Update **URL:** \ **Category:** Biweekly Updates (STIP)\ **Created:** [December 1, 2023, 1:26am UTC](https://forum.arbitrum.foundation/t/lodestar-finance-bi-weekly-update/19839 "2023-12-01T01:26:33Z")\ **Posts on this page:** 1\ **Showing post:** 2
**Author:** ![LodestarFinanceDAO](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/lodestarfinancedao/32/2647_2.png) [@LodestarFinanceDAO](https://forum.arbitrum.foundation/u/LodestarFinanceDAO)\ **Post date:** [December 16, 2023, 2:40am UTC](https://forum.arbitrum.foundation/t/lodestar-finance-bi-weekly-update/19839/2 "2023-12-16T02:40:27Z")
**Biweekly update 15th December** ![image](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/b/b15f368868928eb70b2c13624d06064ccdb7e899.png) **ARB Received Last Disbursement:** 107,143 ARB **ARB Utilized as Incentives in the Last Two Weeks:** 107,142 ARB **Contracts incentivized over the last 2 weeks:** | Contract name | Contract address | Amount | | --- | --- | --- | | v1lDPX | 0x5d27cFf80dF09f28534bb37d386D43aA60f88e25 | 4071,36 ARB | | v1lFRAX | 0xD12d43Cdf498e377D3bfa2c6217f05B466E14228 | 4071,36 ARB | | v1lMAGIC | 0xf21Ef887CB667f84B8eC5934C1713A7Ade8c38Cf | 4071,36 ARB | | v1lPLVGLP | 0xeA0a73c17323d1a9457D722F10E7baB22dc0cB83 | 2035,68 ARB | | v1lUSDC.e | 0x1ca530f02DD0487cef4943c674342c5aEa08922F | 4071,36 ARB | | v1lUSDT | 0x9365181A7df82a1cC578eAE443EFd89f00dbb643 | 4071,36 ARB | | v1lWBTC | 0xC37896BF3EE5a2c62Cdbd674035069776f721668 | 4071,36 ARB | | v1lDAI | 0x4987782da9a63bC3ABace48648B15546D821c720 | 4071,36 ARB | | v1lETH | 0x2193c45244AF12C280941281c8aa67dD08be0a64 | 4071,36 ARB | | v1lARB | 0x8991d64fe388fA79A4f7Aa7826E8dA09F0c3C96a | 4071,36 ARB | | v1lWSTETH | 0xfECe754D92bd956F681A941Cef4632AB65710495 | 4071,36 ARB | | v1lGMX | 0x79B6c5e1A7C0aD507E1dB81eC7cF269062BAb4Eb | 4071,36 ARB | | v1lUSDC | 0x4C9aAed3b8c443b4b634D1A189a5e25C604768dE | 4071,36 ARB | | Voting Power Proxy | 0xFf4eF7844fAFF2bb20a8ba5E479b0a67d8642146 | 2679 ARB | Contract address label [Form 8](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses: Yes **ARB left over:** 1 **Plan for leftover ARB:** - Following our weekly distribution plan as described in our STIP proposal: [[LODESTAR FINANCE] [FINAL] [STIP - Round 1]](https://forum.arbitrum.foundation/t/lodestar-finance-final-stip-round-1/16981) **Summary of incentives:** - 95% of the incentives are distributed weekly among all market participants (the term “market participants” refers to depositors and borrowers in the Lodestar markets and does not include LODE liquidity providers or stakers). Each market participant is entitled to proportional ARB rewards based on the ETH value of their deposits and borrows relative to the ETH value of all deposits and borrows. - 5% of the incentives are distributed among all emission gauge participants, proportionally to their voting participation. **STATS:** **TVL:** $47.5 Million ![Screenshot 2023-12-16 at 09.34.27](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/6/6f048851a2f5107768339357992a3c6497a84312.jpeg) Number of unique user addresses: ![Screenshot 2023-12-16 at 09.38.29](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/4/46bf8a047321b55be383846749a4f6177c46186f.png) Fees: ![Screenshot 2023-12-16 at 09.39.29](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/f/f55a2bdea5d266efb9857b3f13ab2f7e61a9b0d2.png) Link to Dashboard showing metrics (please be aware that some of these data may be calculated incorrectly): [https://dune.com/shogun/lodestar-finance](https://dune.com/shogun/lodestar-finance) ## Plan For the Next Two Weeks Amount of ARB to be distributed: 107,142 ARB Contracts that will be incentivized: | Contract name | Contract address | Amount | | --- | --- | --- | | v1lDPX | 0x5d27cFf80dF09f28534bb37d386D43aA60f88e25 | 4071,36 ARB | | v1lFRAX | 0xD12d43Cdf498e377D3bfa2c6217f05B466E14228 | 4071,36 ARB | | v1lMAGIC | 0xf21Ef887CB667f84B8eC5934C1713A7Ade8c38Cf | 4071,36 ARB | | v1lPLVGLP | 0xeA0a73c17323d1a9457D722F10E7baB22dc0cB83 | 2035,68 | | v1lUSDC.e | 0x1ca530f02DD0487cef4943c674342c5aEa08922F | 4071,36 ARB | | v1lUSDT | 0x9365181A7df82a1cC578eAE443EFd89f00dbb643 | 4071,36 ARB | | v1lWBTC | 0xC37896BF3EE5a2c62Cdbd674035069776f721668 | 4071,36 ARB | | v1lDAI | 0x4987782da9a63bC3ABace48648B15546D821c720 | 4071,36 ARB | | v1lETH | 0x2193c45244AF12C280941281c8aa67dD08be0a64 | 4071,36 ARB | | v1lARB | 0x8991d64fe388fA79A4f7Aa7826E8dA09F0c3C96a | 4071,36 ARB | | v1lWSTETH | 0xfECe754D92bd956F681A941Cef4632AB65710495 | 4071,36 ARB | | v1lGMX | 0x79B6c5e1A7C0aD507E1dB81eC7cF269062BAb4Eb | 4071,36 ARB | | v1lUSDC | 0x4C9aAed3b8c443b4b634D1A189a5e25C604768dE | 4071,36 ARB | | Voting Power Proxy | 0xFf4eF7844fAFF2bb20a8ba5E479b0a67d8642146 | 2679 ARB | Contract address label [Form 8](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform) completed for all addresses: Yes **Mechanism for distribution incentives:** Biweekly random snapshot position of the user + snapshot of the voting power utilised during the epoch, followed by a weekly airdrop of the incentives directly to the user’s wallet. **Summary of incentives plan:** - 95% of the incentives are distributed weekly among all market participants (the term “market participants” refers to depositors and borrowers in the Lodestar markets and does not include LODE liquidity providers or stakers). Each market participant is entitled to proportional ARB rewards based on the ETH value of their deposits and borrows relative to the ETH value of all deposits and borrows. - 5% of the incentives are distributed among all emission gauge participants, proportionally to their voting participation. **Summary of changes to the original plan:** No changes from the original plan --- _[View the full topic](https://forum.arbitrum.foundation/t/lodestar-finance-bi-weekly-update/19839)._