OpenBlock Labs - Update for Arbitrum STIP Data Reporting
November 16, 2023Overview
OpenBlock Labs has established connections with all 30 projects involved in the STIP initiative, making considerable progress in developing insights about the effectiveness of incentives and aiding these projects in meeting their data reporting requirements. We are aligned with the timeline projected in our initial proposal and are excited to share our work thus far.
You can monitor our ongoing progress through the public dashboard available here.
Data Monitoring and Reporting
We have built dashboards for the following protocols: GMX, MUX, Camelot, Vertex, Radiant, KyberSwap, Balancer, Socket, Dolomite, Premia, Lodestar Finance, Rysk, WINR, and Good Entry.
The development of the following dashboards is actively underway. We encourage team members from the following protocols to expedite their cooperation in providing the necessary data, ensuring timely and efficient completion of their reporting obligations: Pendle, Trader Joe, Dopex, Frax, Abracadabra, Silo, Gamma, Umami, Perennial, Angle, Galxe, OpenOcean, Timeswap, Tally, and Stella.
Monitoring and Reporting Progress
OpenBlock monitors the fund disbursements from the vesting contract to different protocols. To monitor any potential misuse of funds, OpenBlock has shared a form for protocols to categorize their addresses, ensuring enhanced transparency and accuracy in tracking. This form can be accessed here. The community can see the responses of this form here to verify protocol addresses.
For each protocol, we monitor a comprehensive set of metrics, including TVL, DAU, volume, and fees, as well as more detailed measures such as percentage changes since the inception of incentives and a list of traders.
In the coming weeks, we aim to augment each dashboard with additional data intelligence, as per our proposal. We request that protocols promptly complete their data reporting requirements to help streamline the process of adding additional insights.
Conclusion
We look forward to your feedback on our current progress, and we encourage greater involvement from protocols to review their dashboards and supply more data. Our team is enthusiastic about maintaining timely progress in this initiative, which will enhance transparency for the community regarding the STIP.
Twitter: @openblocklabs
Website: www.openblocklabs.com
Email: team@openblocklabs.com