Thales Protocol first Bi-Weekly Update - Jan 5th, 2024
Recap of the Previous Two Weeks
Thales Protocol began its ARB incentives program with a first biweekly round on Dec 28th that will last until Jan 10th, at which point the first batch of incentives will be distributed to eligible users.
ARB Received Last Disbursement: 71,429
ARB Utilized as Incentives in the Last Two Weeks: 0* (*distribution of 19,000 ARB + maximum of 10,000 ARB LP Rebates will take place on Jan 10th)
Contracts incentivized over the last 2 weeks:
Contract address | Name | Rewards |
---|---|---|
0x2b89275efB9509c33d9AD92A4586bdf8c4d21505 | ThalesAMM | 5.000 ARB |
0xae56177e405929c95E5d4b04C0C87E428cB6432B | SportsAMM | 5.000 ARB |
0x2Bb7D689780e7a34dD365359bD7333ab24903268 | ParlayAMM | 5.000 ARB |
0x02D0123a89Ae6ef27419d5EBb158d1ED4Cf24FA3 | SpeedMarketsAMM | 3.000 ARB |
0xe92B4c614b04c239d30c31A7ea1290AdDCb8217D | ChainedSpeedMarketsAMM | 1.000 ARB |
0x8e9018b48456202aA9bb3E485192B8475822B874 | SportAMMLiquidityPool | TBD |
0xea4c2343Fd3C239c23Dd37dd3ee51AEc84544735 | ThalesAMMLiquidityPool | TBD |
0x6848f7C1B5aa2da86F6529bed9d641A67663f0bE | ParlayAMMLiquidityPool | TBD |
Contract address label Form 21 completed for all addresses: Yes
ARB left over: 500,000
Plan for leftover ARB: Continue the incentives as per plan on the original STIP proposal by Thales protocol
Summary of incentives: Thales Protocol started the program of ARB incentives for all Thales Protocol products: Thales Digital Options, Thales Speed Markets and Thales Sports Markets. Detailed info on the launch of incentives can be found here: Thales Protocol ARB rewards distribution | by Thales | Dec, 2023 | Medium
Additional Info / Disclosures to Multisig: Rewards buckets may slightly vary in amounts and targeted actions on upcoming biweekly rounds due to ongoing developments within Thales Protcol products.
STATS
Current stats from the beginning of the program (Dec 28)
Average daily TVL: $1,343,203
Average daily transactions: 235
Average daily volumes: $47,398
Number of unique user addresses: 185
Transaction fees: 0.95 ETH
Link to Dashboard showing metrics: https://dune.com/leifu/arb-incentive-program-dashboard
Plan For the Next Two Weeks
Amount of ARB to be distributed: 19,000 + Unknown amount (10,000 ARB cap) of LP Rebates on Jan 10th
Contracts that will be incentivized:
Contract address | Name | Rewards |
---|---|---|
0x2b89275efB9509c33d9AD92A4586bdf8c4d21505 | ThalesAMM | 5.000 ARB |
0xae56177e405929c95E5d4b04C0C87E428cB6432B | SportsAMM | 5.000 ARB |
0x2Bb7D689780e7a34dD365359bD7333ab24903268 | ParlayAMM | 5.000 ARB |
0x02D0123a89Ae6ef27419d5EBb158d1ED4Cf24FA3 | SpeedMarketsAMM | 3.000 ARB |
0xe92B4c614b04c239d30c31A7ea1290AdDCb8217D | ChainedSpeedMarketsAMM | 1.000 ARB |
0x8e9018b48456202aA9bb3E485192B8475822B874 | SportAMMLiquidityPool | TBD |
0xea4c2343Fd3C239c23Dd37dd3ee51AEc84544735 | ThalesAMMLiquidityPool | TBD |
0x6848f7C1B5aa2da86F6529bed9d641A67663f0bE | ParlayAMMLiquidityPool | TBD |
Contract address label Form 21 completed for all addresses: Yes |
Mechanism for distribution incentives: Dedicated Dune dashboard data for eligible addresses and amounts that will be distributed via Disperse dapp.
Summary of incentives plan: Thales Protocol started the program of ARB incentives for all Thales Protocol products: Thales Digital Options, Thales Speed Markets and Thales Sports Markets. Detailed info on the launch of incentives can be found here: https://thalesmarket.medium.com/thales-protocol-arb-rewards-distribution-69c5223ef716
Summary of changes to the original plan: Rewards buckets may slightly vary in amounts and targeted actions on upcoming biweekly rounds due to ongoing developments within Thales Protcol products.