Recap of the Previous Two Weeks
ARB Received Last Disbursement: 166,667 ARB
ARB Utilized as Incentives in the Last Two Weeks: 12,900.18 ARB
Contracts incentivized over the last 2 weeks: 0xff1a0f4744e8582DF1aE09D5611b887B6a12925C
Contract address label Form completed for all addresses: Yes
ARB left over: 153,766.82 ARB
Plan for leftover ARB: It is reallocated for the future weeks disbursements - these last 2 weeks Pyth activity were higher than the 1st bi-weekly ocurrence (4x) but still below expectations and so explains this low amount used. Please note also that since blob etc went live and the initial amount requested added to a reduced onchain activity, gas cost went generally down also explaining why not more ARB were disbursed back.
Summary of incentives: The grant aims to use ARB to implement a rebate program to applications for gas fees related to Pyth price updates on Arbitrum.
Additional Info / Disclosures to Multisig: This 2nd bi-weekly disbursement was done as expected time wise.
STATS
Average daily TVL: N/A or refer to this DefiLlama page to see the TVL secured by the Pyth oracle on Arbitrum.
Average daily transactions: 6,264 daily txs triggering price updates in the Pyth smart contract.
Average daily volumes: N/A
Number of unique user addresses: 70 addresses updated prices in the Pyth smart contract. Please note that users in the Pyth sense are applications/protocols rather than traditional end-users.
Transaction fees: 4.5 ETH or 15,887$
Link to Dashboard showing metrics: Usage per day & Usage per contract – both links should have the appropriate date window applied already.
Plan For the Next Two Weeks
Amount of ARB to be distributed: 166,667 ARB
Contracts that will be incentivized: 0xff1a0f4744e8582DF1aE09D5611b887B6a12925C
Contract address label Form completed for all addresses: Yes
Mechanism for distribution incentives: The grant aims to use ARB to implement a rebate program to applications for gas fees related to Pyth price updates on Arbitrum.
Summary of incentives plan: Same as above.
Summary of changes to the original plan: None