Recap of the Previous Two Weeks
TVL
As part of Arbitrum STIP, Thetanuts Finance is now on its 5th week of distribution. In the past two weeks, we’ve seen healthy growth in our TVL to $7mm – bringing our total TVL across chains to ~$20mm.
User Interactions
Despite healthy growth in TVL, we have experienced a dip in daily user interactions – likely due to attention moving to LRTs on Ethereum Mainnet.
Our Dune query for user interactions on Arbitrum can be found here.
Plan For the Next Two Weeks
ARB Received Last Disbursement: 28,571 $ARB
ARB Utilized as Incentives in the Last Two Weeks: 57,142 $ARB
Contracts incentivized over the last 2 weeks:
- $ARB Call - Bi-weekly: 0x0833EC3262Dcc417D88f85Ed5E1EBAf768080f41
- $ARB Put - Bi-weekly: 0xf94ea5B18401821BE07FBfF535B8211B061A7F70
- $ETH Call - Weekly: 0x1D1CD4abe0F2AF9d79b5e3149BF4A503f97C1EAd
- $ETH Put - Weekly: 0x633A789BeD82215b1cEE45C32aCD0D6Ca8b9Bfbf
- ARB-C Lending Market: 0xB1D961701be27d26A2E4FA13cb0c4FA7C47DD615
- ETH-C Lending Market: 0xF9a82c9Dd095076FCdc7507D6cf920EEfFa93BA2
- USDC Lending Market: 0xeb9a387494922d5Ec20631c19D51c39C45AC8643
- ARB-C Add Liquidity Module: 0x721Bba1556649e9c70E2dF1EAFC04270376025f7
- ARB-P Add Liquidity Module: 0x85ceD6055f0eC21dE0e4216177115cbc6a930ACa
- ETH-C Add Liquidity Module: 0x078F98Be8A1bb1bD64799B8F05Aca08f5850A69D
- ETH-P Add Liquidity Module: 0xE84CB9daF67644734051c7f6e978968f04F6751e
Contract address label [Form 18] (ARB STIP Transparency) completed for all addresses: Yes
ARB claimed: 171,426 $ARB claimed
ARB left over: 28,571 $ARB to claim
Plan for leftover ARB:
We intend to distribute the 200,000 $ARB equally over a period of 8 weeks. The first tranche was claimable on 5 February, with the final tranche to be distributed by the week of 1 April – in line with Arbitrum Foundation’s guidance on when the $ARB incentives should be distributed by.
Summary of incentives:
25,000 $ARB distributed on a weekly basis for 8 weeks, split between:
- Users on Add Liquidity Module: 85%
- Users with Long Positions: 10%
- Users with Short Positions and Boosted: 5%
Weights are subject to change at the discretion of Thetanuts Finance.
Additional Info / Disclosures to Multisig: n.a.
Stats
7D Average daily TVL: $6,831,329
7D Average daily transactions: 384
7D Average daily trading volume: $338,891
Number of unique user addresses (Since Inception): 46,860
7D Avg Transaction fees: $13
Link to Dashboard showing metrics:
https://dune.com/thetanutsfinance/thetanuts-finance-v3
https://dune.com/thetanutsfinance/thetanuts-finance-arbitrum-stip-reporting