Recap of the Previous Two Weeks
ARB Received Last Disbursement: 166,667 ARB
ARB Utilized as Incentives in the Last Two Weeks: 8,741 ARB
Contracts incentivized over the last 2 weeks: 0xff1a0f4744e8582DF1aE09D5611b887B6a12925C
Contract address label Form completed for all addresses: Yes
ARB left over: 157,926 ARB (from last disbursement)
Plan for leftover ARB: We are about to propose an extension of this LTIPP program given its positive and limited costs. Proposal is not up yet, it will this week but you can refer to this reply on this post to get up to speed.
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: N/A
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: 7,740 avg daily txs triggering price updates in the Pyth smart contract.
Average daily volumes: N/A
Number of unique user addresses: 45 avg daily 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: 1.86 ETH or 4,946$ or 8,741 ARB
Link to Dashboard showing metrics: Usage per day & Usage per contract – above links might not have the appropriate date selected so please double check.
Plan For the Next Two Weeks
While the LTIPP program has now ended, we will issue the proposal to the Arbitrum DAO for the extension of these gas rebates to oracle users until the new grants guidelines are established by the Arbitrum DAO and its delegates.
The extension proposal is not yet published but please refer to this post for more information.