Tide Protocol Bi-Weekly Update [STIP] - Feb 08 2024

Recap of the Previous Two Weeks

ARB Received Last Disbursement: 11429
ARB Utilized as Incentives in the Last Two Weeks: 3500
Contracts incentivized over the last 2 weeks:
Contract name: WaveContract
1Inch Sprint 3: 0x513949023a11D9EBBda6dbC8cca93BbE8e94320E
Zaros: The Quest: 0x45D553a50Eb7e8B3d9146FBEFfC17F1dD2eaA022
Exclusive Quest: 0xD6F291767af145e8040e50A1e72AFEf152D008B8

Form 23 completed for all addresses: Yes

ARB left over: 36516

Plan for leftover ARB: Organise more campaigns with new and existing protocols.

Summary of incentives:

Protocol Campaign ARB Campaign Participants
1Inch The Arbitrum Initiation - Sprint 3 2000 729
Zaros Exclusive Quest 1000 33
Zaros Zaros: The Quest 400 144

Additional Info / Disclosures to Multisig: -

Tide team started the activity of disbursement and is working with projects on ARB ecosystem. Campaign in partnership with 1inch, and Zaros went live. We are building campaigns with Magpie for a value of 2k ARB and campaigns with LandX (New partner) for a total of 3k ARB over 3 campaigns.


Check https://dune.com/five_elements_labs/tide-arb

Average daily TVL: -

Average daily transactions: -

Average daily volumes: -

Number of unique user addresses: -

Transaction fees: -

Link to Dashboard showing metrics: -

Plan For the Next Two Weeks

We will continue incentivizing projects that have active campaigns while adding new ones. We will launch an average of 3-5 campaigns per week. Flood, Zaros, Contango, Superfluid and Landx are protocols drafting campaigns incentivized by the STIP on Tide.These campaigns will probably go live during the next two weeks.

Amount of ARB to be distributed: 25087

Contracts that will be incentivized: -

Contract address label Form 23 completed for all addresses: -
Mechanism for distribution incentives: We are doing Raffle campaigns and quest campaigns. Moreover, for new protocols joining Tide we are developing a new point based campaign with an associated leaderboard that promotes continuous engagement and retention bringing more value than traditional quests. These types of campaigns got millions of volume with a limited budget (Tide Protocol).

Summary of incentives plan: Offer incentives to run campaigns on Tide, from 200 ARB to 2k.

Summary of changes to the original plan: No real changes but campaigns go live at a slower pace than expected. New projects are coming in such as LandX and Flood who will start building campaigns in the next weeks and we will push in order to launch more and more campaigns with valid projects.

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