Thetanuts Finance Bi-Weekly Update (5 January 2024)

Recap of the Previous Two Weeks

On Dec 13, we launched the Thetanuts Finance v3 Incentivized Alpha on Arbitrum – an early-access version of the v3 Upgrade. Phase I of the v3 Incentivized Alpha is currently ongoing, with Phase II expected to launch on Jan 8.

With internal efforts currently focused on the launch of Phase II, much of our capacity has been focused on product development and engineering. Post-launch of Phase II, we intend to focus on reviewing how the 200,000 $ARB that Thetanuts Finance was eligible for as part of Arbitrum STIP will be disbursed to our community on Arbitrum.

Over the next two weeks, we will share a more comprehensive distribution plan – which will closely mirror our original proposal for the Arbitrum STIP.

Plan For the Next Two Weeks

ARB Received Last Disbursement: 28,571 $ARB

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

Contracts incentivized over the last 2 weeks: n.a.

Contract address label [Form 18] (ARB STIP Transparency) completed for all addresses: Yes

ARB left over: 142,856 $ARB to claim

Plan for leftover ARB:
Over the next two weeks, we will share a more comprehensive distribution plan – which will closely mirror our original proposal for the Arbitrum STIP.

All $ARB is expected to be disbursed to the Thetanuts Finance community on Arbitrum, rewarding users for their contribution to Trading Volume and TVL on Thetanuts Finance v3.

Summary of incentives: n.a.

Additional Info / Disclosures to Multisig: n.a.

Stats

7D Average daily TVL: $323,082.55

7D Average daily transactions: 112

7D Average daily volumes: $207,802

Number of unique user addresses: 35,382 (Since Inception)

7D Avg Transaction fees: $66.82

Link to Dashboard showing metrics: https://dune.com/thetanutsfinance/thetanuts-finance-v3
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