Timeswap STIP.B Bi-Weekly Report #1 July 3rd 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: Continue as per original proposal.
Summary of incentives:
Timeswap has been allocated a total of 200,000 ARB, all to be redistributed to users through interacting with the incentivised pools. The overall distribution of ARB rewards is as follows:
- 40% of the grant allocated as incentives to ARB markets
- 30% of the grant allocated as incentives to ETH (or ETH LST) markets
- 30% of the grant allocated as incentives to partner markets such as Pendle, etc.
Additional Info / Disclosures to Multisig: N/A
Link to Dashboard showing metrics: https://analytics.timeswap.io/
Plan For the Next Two Weeks
Amount of ARB to be distributed: To be shared in the next bi-weekly report.
Contracts that will be incentivized: To be shared in the next bi-weekly report.
Contract address label Form 5 completed for all addresses: To be completed by the next bi-weekly report.
Mechanism for distribution incentives: Timeswap pools are incentivised using ARB, which will be distributed to users via a Merkle distributor.
Summary of incentives plan:
Timeswap has been allocated a total of 200,000 ARB, all to be redistributed to users through interacting with the incentivised pools. The overall distribution of ARB rewards is as follows:
- 40% of the grant allocated as incentives to ARB markets
- 30% of the grant allocated as incentives to ETH (or ETH LST) markets
- 30% of the grant allocated as incentives to partner markets such as Pendle, etc.
Bi-weekly summary to be shared in the next bi-weekly report.
Summary of changes to the original plan: N/A