# Thetanuts Finance Bi-Weekly Update (23 September 2024)

**URL:** <https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-23-september-2024/26919>\
**Category:** Biweekly Updates (STIP)\
**Created:** [September 24, 2024, 4:24am UTC](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-23-september-2024/26919 "2024-09-24T04:24:24Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Thetanuts\_Finance](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/thetanuts_finance/32/5849_2.png) [@Thetanuts\_Finance](https://forum.arbitrum.foundation/u/Thetanuts_Finance)\
**Post date:** [September 24, 2024, 4:24am UTC](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-23-september-2024/26919/1 "2024-09-24T04:24:24Z")

</div>

![image](https://canada1.discourse-cdn.com/flex029/uploads/arbitrum1/original/2X/a/a41f173fd97755fdb313c2b530d485ee7d8d431b.jpeg)

## Recap of the Previous Two Weeks

**TVL**

Thetanuts Finance began distributing $ARB rewards from STIP Bridge Program on 20th Jun 2024, where 200,000 $ARB was distributed over 13 weeks. Distribution of rewards ended on 19th Sep 2024. Users were able to claim their final tranche of $ARB rewards from 23th Sep 2024 onward.

Below, we recap on the growth of our metrics on Arbitrum. These metrics can also be verified on our Dune dashboard [here](https://dune.com/queries/3330896/5580167).

| Date | TVL (Arbitrum) |
| --- | --- |
| Start of ARB STIP (20 Jun 2024) | $4.5mm |
| End of ARB STIP (19 Sep 2024) | $9mm |

We would like to give our sincerest thanks to Arbitrum DAO for this opportunity to be a part of Arbitrum STIP and Arbitrum STIP Bridge, and the opportunity to grow alongside Arbitrum.

## Prior Governance Submissions to Arbitrum DAO

Our previous governance submissions to Arbitrum DAO for Arbitrum STIP can be found below.

| Submission | Link |
| --- | --- |
| Thetanuts Finance STIP Addendum | [Thetanuts Finance STIP Addendum](https://forum.arbitrum.foundation/t/thetanuts-finance-stip-addendum/23374) |
| Thetanuts Finance Bi-Weekly Update (1 July 2024) | [Thetanuts Finance Bi-Weekly Update (1 July 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-1-july-2024/25237) |
| Thetanuts Finance Bi-Weekly Update (15 July 2024) | [Thetanuts Finance Bi-Weekly Update (15 July 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-15-july-2024/25615) |
| Thetanuts Finance Bi-Weekly Update (29 July 2024) | [Thetanuts Finance Bi-Weekly Update (29 July 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-29-july-2024/25978) |
| Thetanuts Finance Bi-Weekly Update (12 August 2024) | [Thetanuts Finance Bi-Weekly Update (12 August 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-12-august-2024/26333) |
| Thetanuts Finance Bi-Weekly Update (26 August 2024) | [Thetanuts Finance Bi-Weekly Update (26 August 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-26-august-2024/26512) |
| Thetanuts Finance Bi-Weekly Update (9 September 2024) | [Thetanuts Finance Bi-Weekly Update (9 September 2024)](https://forum.arbitrum.foundation/t/thetanuts-finance-bi-weekly-update-9-september-2024/26711) |

## Plan For the Next Two Weeks

**ARB Received Last Disbursement** : Completed (Total 200,000 $ARB)

**ARB Utilized as Incentives in the Last Two Weeks** : n.a.

**Contracts incentivized over the last 2 weeks** :

1. $ARB Call - Bi-weekly: 0x0833EC3262Dcc417D88f85Ed5E1EBAf768080f41
2. $ARB Put - Bi-weekly: 0xf94ea5B18401821BE07FBfF535B8211B061A7F70
3. $ETH Call - Weekly: 0x1D1CD4abe0F2AF9d79b5e3149BF4A503f97C1EAd
4. $ETH Put - Weekly: 0x633A789BeD82215b1cEE45C32aCD0D6Ca8b9Bfbf
5. ARB-C Lending Market: 0xB1D961701be27d26A2E4FA13cb0c4FA7C47DD615
6. ETH-C Lending Market: 0xF9a82c9Dd095076FCdc7507D6cf920EEfFa93BA2
7. USDC Lending Market: 0xeb9a387494922d5Ec20631c19D51c39C45AC8643
8. ARB-C Add Liquidity Module: 0x721Bba1556649e9c70E2dF1EAFC04270376025f7
9. ARB-P Add Liquidity Module: 0x85ceD6055f0eC21dE0e4216177115cbc6a930ACa
10. ETH-C Add Liquidity Module: 0x078F98Be8A1bb1bD64799B8F05Aca08f5850A69D
11. ETH-P Add Liquidity Module: 0xE84CB9daF67644734051c7f6e978968f04F6751e
12. PT Ethena USDe 29AUG2024 0x0a063C9fDe249C3036415919194194961951Db38
13. PT rsETH 26SEP2024 0x0b6ef11254edcab4b164daa7e626dc0d0c2ad51f
14. PT Renzo ezETH 26SEP2024 0x3f9ca12e7d4867e45b289484a3f33bba2a1b8723
15. PT weETH 26SEP2024 0xf5d0866646df182fb9bc7fb27b26b84f96b2239d
16. PT Bedrock uniETH 26DEC2024 0x3D3a1CAA95D427b9fF63b93cB90e1a470eeBA5D7

**Contract address label [Form 18] ([ARB STIP Transparency](https://docs.google.com/forms/d/e/1FAIpQLSd2AYnjAaQjVOLtvemZpsWoN5sTJEJ8dLqdRDExTBQv_SUeug/viewform)) completed for all addresses**: Yes

**ARB claimed** : 200,000 $ARB claimed

**ARB left over** : 0 $ARB to claim

## Stats

**7D Average daily TVL** : ~$9mm

**7D Average daily transactions** : 14

**7D Average daily trading volume** : $269

**Number of unique user addresses (Since Inception)**: 285,672

**7D Avg Transaction fees** : $0

**Link to Dashboard showing metrics** : [https://dune.com/thetanutsfinance/thetanuts-finance-v3  
 ](https://dune.com/thetanutsfinance/thetanuts-finance-v3)[https://dune.com/thetanutsfinance/thetanuts-finance-arbitrum-stip-reporting](https://dune.com/thetanutsfinance/thetanuts-finance-arbitrum-stip-reporting)