Timeswap STIP.B Bi-Weekly Update

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

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