Solv Protocol STIP.b Program Updates

DAO Programs & Initiatives Biweekly Updates (STIP)
1

Bi-Weekly Update - Epoch #1

Recap of the Previous Two Weeks (07/01 to 07/14)

ARB Received Last Disbursement: 25,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 3,125 ARB

Contracts incentivized over the last 2 weeks:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ena pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56

Contract address label Form completed for all addresses: Yes

ARB left over: 18,750 ARB

Plan for leftover ARB: Kept in reserve to be used on next epochs for co-incentives of the liquidity of SolvBTC/SolvBTC.ENA/SolvBTC.BBN with 3~4 DEXes.

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $117,072,333

Average daily volumes: $ 1,339,453.586

Average daily trades: 758.9285714

Number of unique user addresses: 4,711

Transaction fees: 0.02881583257 ETH

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Plan for the next epoch (07/14 to 07/28)

Amount of ARB to be distributed: 3,125~12,500 ARB (3~4 Dexes)

Contracts that will be incentivized:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ena pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56
  • TBD

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives: sending to mining contract of the affiliated DEXes

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots
2

Bi-Weekly Update - Epoch 2

Recap of the Previous Two Weeks (07/15 to 07/28)

ARB Received Last Disbursement: 50,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 3,125 ARB

Contracts incentivized over the last 2 weeks:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ena pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56

Contract address label Form completed for all addresses: Yes

ARB left over: 68,750 ARB

Plan for leftover ARB: Kept in reserve to be used on next epochs for co-incentives of the liquidity of SolvBTC/SolvBTC.ENA/SolvBTC.BBN with 3~4 DEXes.

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $ 115,558,778.7

Average daily volumes: $ 2,180,234.097

Average daily trades: 1,799.571429

Number of unique user addresses: 15,760

Transaction fees: 0.02988939783 ETH

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Plan for the next epoch (07/29 to 08/11)

Amount of ARB to be distributed: 3,125~12,500 ARB (3~4 Dexes)

Contracts that will be incentivized:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ena pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56
  • TBD

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives: sending to mining contract of the affiliated DEXes

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots
1 Like
3

Bi-Weekly Update - Epoch 3

Recap of the Previous Two Weeks (07/29 to 08/11)

ARB Received Last Disbursement: 50,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 3,125 ARB

Contracts incentivized over the last 2 weeks:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ENA pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56
  • DODO Staking Contract for SolvBTC-SolvBTC.BBN pool:
    0xa80bf7a8192248e218b74122d3556f51c8ec6b71

Contract address label Form completed for all addresses: Yes

ARB left over: 62,500 ARB

Plan for leftover ARB: Kept in reserve to be used on next epochs for co-incentives of the liquidity of SolvBTC/SolvBTC.ENA/SolvBTC.BBN with 3~4 DEXes.

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $ 106,756,498

Average daily volumes: $ 534,410

Average daily trades: 349

Number of unique user addresses: 4,142

Transaction fees: 0.0807974437 ETH

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Plan for the next epoch (08/12 to 08/25)

Amount of ARB to be distributed: 21,000ARB
Sushi Swap: 5,000 ARB
Pancake Swap: 4,000 ARB

Contracts that will be incentivized:

  • DODO Staking Contract for SolvBTC-WBTC pool: 0x917c446e99299cacc6e42d77524cf63e7390d03d
  • DODO Staking Contract for SolvBTC-SolvBTC.ENA pool: 0x4384f4ab815c2e46af820cd72381d9ff16067a56
  • DODO Staking Contract for SolvBTC-SolvBTC.BBN pool:
    0xa80bf7a8192248e218b74122d3556f51c8ec6b71
  • TBD

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives: sending to mining contract of the affiliated DEXes

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Using ARB to bribe in Aura of Balancer and CakePie of Pancake, to co-incentivize the liquidity pools
  3. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots
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4

Bi-Weekly Update - Epoch 4

Recap of the Previous Two Weeks (08/12 to 08/25)

ARB Received Last Disbursement: 50,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 34,000 ARB

Contracts incentivized over the last 2 weeks:

Contract address label Form completed for all addresses: Yes

ARB left over: 28,500 ARB

Plan for leftover ARB: Kept in reserve to be used on next epochs for co-incentives of the liquidity of SolvBTC/SolvBTC.ENA/SolvBTC.BBN with 1~2 DEXes.

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $ 104,327,903

Average daily volumes: $ 543,312

Average daily trades: 407

Number of unique user addresses: 3,416

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Plan for the next epoch (08/26 to 09/08)

Amount of ARB to be distributed: 28,500ARB
Sushi Swap: 22,500 ARB
Pancake Swap: 6,000 ARB

Contracts that will be incentivized:

  • TBD (Merkl & CakePie)

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives:
Sending ARB to mining contract of DODOEX pools
Sending ARB to Merkl for Sushi pools
Sending ARB to Cakepie to bribe Pancake pairs

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Sending ARB to bribe in CakePie for Pancake pairs, to co-incentivize the liquidity pools
  3. Using Merkl to distribute the ARB reward to Sushi pools
  4. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots
5

Bi-Weekly Update - Epoch 5

Recap of the Previous Two Weeks (08/26 to 09/08)

ARB Received Last Disbursement: 50,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 22,525 ARB (The extra 25 ARB is from the leftover of previous STIP)

Contracts incentivized over the last 2 weeks:

Contract address label Form completed for all addresses: Yes

ARB left over: 6,000 ARB

Plan for leftover ARB: to bribe through CakePie for the SolvBTC/SolvBTC.ENA/SolvBTC.BBN gauges on PacakeSwap

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $ 104,688,975

Average daily volumes: $ 401,479

Average daily trades: 234

Number of unique user addresses: 1,791

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Plan for the next epoch (09/08 to 09/16)

Amount of ARB to be distributed: 6,000ARB
CakePie/Pancake Swap: 6,000 ARB

Contracts that will be incentivized:

  • CakePie

Contract address label Form completed for all addresses: Yes

Mechanism for distribution incentives:
Sending ARB to Cakepie to bribe Pancake pairs

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Sending ARB to bribe in CakePie for Pancake pairs, to co-incentivize the liquidity pools
  3. Using Merkl to distribute the ARB reward to Sushi pools
  4. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots
6

Bi-Weekly Update - Epoch 6 (last epoch)

Recap of the Previous Two Weeks (09/09 to 0916)

ARB Received Last Disbursement: 75,000 ARB

ARB Utilized as Incentives in the Last Two Weeks: 81,000 ARB

Contracts incentivized over the last 2 weeks:

Contract address label Form completed for all addresses: Yes

Airdrop for Yield Markets Distribution Breakdown:

Incentive Period: June 26, 2024 UTC+0 to September 9, 2024 UTC+0

Distribution Method: Proportional distribution based on the amount and duration of holdings at the end of the period.

As of September 16, 2024, all rewards have been fully distributed.

ARB left over: 0 ARB

Plan for leftover ARB: n/a

Summary of incentives:

STATS

Note: The new DUNE dashboard will be integrated within OpenBlock ideally by next Epoch.
It will include the data of SolvBTC.arb vaults which now is not in the previous dashboard.
Please refer the previous dashboard and another one for SolvBTC.arb as below for this epoch.

Average daily TVL: $ 85,376,665

Average daily volumes: $ 367,358

Average daily trades: 114

Number of unique user addresses: 866

Link to Dashboard showing metrics:
https://dune.com/solv-protocol/solv-v3 (excluded SolvBTC.arb)
https://dune.com/picnicmou/solv-protocol (all SolvBTC data included SolvBTC.arb and its LSDs)

Mechanism for distribution incentives:
Sending ARB to Cakepie to bribe Pancake pairs
Airdrop to Yield Markets users

Summary of incentives plan:

  1. DEX Liquidity for SolvBTC and its LSDs: co-incentives with DEXes by sending ARB tokens to their mining contract
  2. Sending ARB to bribe in CakePie for Pancake pairs, to co-incentivize the liquidity pools
  3. Using Merkl to distribute the ARB reward to Sushi pools
  4. Yield Markets: Airdrop to users by the end the STIP.b , according to the TVL snapshots