Shell Protocol Bi-Weekly Update September 18, 2024

Recap of the Previous Three Weeks

ARB Received Last Disbursement: 62,500

ARB Utilized as Incentives in the Last Two Weeks: 62,500

Contracts incentivized over the last 2 weeks:
Shell+eth gauge: 0x4ff4758a0F4739567f0e955311dE213A69FD16B7
aArbARB gauge: 0x16d325B1722035a9821377CB64cE79540934b764
crvUSD/USDT gauge: 0xF6fa02AF6B9DBDD60B371aBD7aAFD71ac39410d6
mooCurveUSD-USDC gauge: 0x0a51Da91ecdf7475195007A51259B4745622bCA9
Curve 2Pool gauge: 0xbe8E380E5b03CD74E7b4Aa2741eC7Cc40b690700

Contract address label Form 49 completed for all addresses: YES

ARB left over: 0

Plan for leftover ARB: The program started one week late, so we are one week behind. The program will continue at the current rate, on a one week lag until all tokens have been distributed.

Summary of incentives: Incentives went to encourage users to use the Shell dapp interface and provide liquidity to DeFi protocols in the Arbitrum ecosystem.

Additional Info / Disclosures to Multisig: None

STATS
TVL (added to DeFi protocols): $4,316,223

Average daily transactions: 256

Average daily volumes: $591,470

Number of unique user addresses: 400

Transaction fees: NA

Link to Dashboard showing metrics: [See previous posts]

Plan For the Next Two Weeks
Program is now over.

Contracts that will be incentivized:
NA

Contract address label Form 49 completed for all addresses: Yes

Mechanism for distribution incentives: use a version of the Curve gauge staking contract

Summary of incentives plan: Same plan as previous week.

Summary of changes to the original plan: No changes.