Thales Protocol Bi-Weekly Update 02.08.2024.
Recap of the Previous Two Weeks
ARB Received Last Disbursement: 33,334 ARB
ARB Utilized as Incentives in the Last Two Weeks: No distribution yet.
Contracts incentivized over the last 2 weeks: No distribution yet.
Contract address label Form 48 completed for all addresses: No. No distribution yet.
ARB left over: 200,000 ARB
Plan for leftover ARB: Biconomy architecture for using ARB as paymaster gas tank is still not in production, so that bucket is put on hold. Additionally, Voucher V2 architecture from Thales Protocol will soon support ARB tokens in time when Overtime V2 launches on Arbitrum in the upcoming weeks. The plan is to distribute 20,000 ARB tokens as a Free Bet Airdrop, when V2 launches on Arbitrum, to valuable Arbitrum community members. Specific around eligibility are still under consideration. For the Focused Event Incentives, we have the allocation of 30,000 ARB for the MLB competition that will be distributed pro rata to MLB volume drivers at the end of season. There is also a big event campaign in the works which will be reveales to the public soon, wich will include a big ARB allocation as well.
Summary of incentives:
- 20,000 ARB towards Free Bet Airdrop, coming soon on Overtime V2 Arbitrum launch
- 30,000 ARB towards MLB volume drivers as Focused Event Incentives bucket
- More coming soon
Plan For the Next Two Weeks
Amount of ARB to be distributed: To be unveiled in the next bi-weekly reports.
Contracts that will be incentivized: To be unveiled in the next bi-weekly reports.
Contract address label Form 5 completed for all addresses: To be unveiled in the next bi-weekly reports.
Mechanism for distribution incentives: Disperse dapp
Summary of incentives plan:
- 20,000 ARB towards Free Bet Airdrop, coming soon on Overtime V2 Arbitrum launch
- 30,000 ARB towards MLB volume drivers as Focused Event Incentives bucket
- More coming soon
Summary of changes to the original plan: N/A