Recap of the Previous Weeks
The STIP Bridge program concluded on 17th September 2024. Over the course of the program, WINR Protocol successfully distributed ARB incentives across two key focus areas: JustBet and WINR LP. Initially, 265,000 ARB was allocated for the program, and the protocol now concluded the incentive distribution as planned.
ARB Received Last Disbursement: 120.000 ARB
ARB Utilized as Incentives in the Last Two Weeks: 265.000 ARB
Contracts incentivized over the last 2 weeks:
Reward Conditional Main: 0xd525BaE6de08D1f65BE9CB4C09b8b6AD91ecCADD
Claimer: 0x860dec012b577C7fF62b6899581581CB4089AAf7
LotteryClaimer: 0x8d8Dd780dFa7413ac33aFc79053e4b6ad0c689dc
Distributer: 0x0936cdA948c17da12D4c274f6E6ABa6fF270DcEF
Contract address label Form 62 completed for all addresses: Yes
ARB left over: 3.012 ARB
Plan for leftover ARB: Tokens that have been earned but not claimed by users will be manually distributed to the eligibles.
Summary of incentives:
Top Players by Volume: 65,000 ARB distributed to the top 10 users with the highest game volume during the two-week period.
Top Players by Game Count: 55,000 ARB distributed to the top 10 users with the most games played during the two-week period.
Newcomers: 20,000 ARB distributed as 10% cashback on the first bet loss, up to $10 in ARB per user.
High Rollers: 5,000 ARB distributed to the top 10 highest rollers, each receiving 50% cashback on losses, up to 500 ARB per user.
Bad Luck Compensation: 5,000 ARB distributed to the top 10 biggest losers, each receiving 50% cashback on losses, up to 500 ARB per user.
Luck-Based Drawing: 15,000 ARB distributed to the top 10 lucky winners.
WINR LPs: 100,000 ARB distributed to liquidity providers, based on the amount and duration they held LP tokens.
Additional Info / Disclosures to Multisig:
0xAd6795cb75E02D7fe8d336B3Fff855F276Afc385
STATS
A Dune stats are being prepared and will be added to the post soon.
Over the two-week period of the program, the platform achieved impressive growth:
A total of $3,017,394.30 TVL was reached.
The platform generated $4,128,373 in volume.
A total of 5,164,978 unique games were played, across 2,030 users.
The platform generated $106,904.87 in value throughout the program.
Plan For the Next Two Weeks
Amount of ARB to be distributed: 0 ARB
Contracts that will be incentivized:
Reward Conditional Main: 0xd525BaE6de08D1f65BE9CB4C09b8b6AD91ecCADD
Claimer: 0x860dec012b577C7fF62b6899581581CB4089AAf7
LotteryClaimer: 0x8d8Dd780dFa7413ac33aFc79053e4b6ad0c689dc
Distributer: 0x0936cdA948c17da12D4c274f6E6ABa6fF270DcEF
Contract address label Form 62 completed for all addresses: Yes
Mechanism for distribution incentives:
While the rewards for the first week of the two-week program were distributed by claiming through the relevant reward contract, the second week’s distribution was handled manually via the distributor contract. This adjustment took into account any unclaimed rewards from the first week to accurate distribution
Summary of incentives plan:
The program achieved most of its goal of fostering player engagement on JustBet while successfully incentivizing liquidity provision on WINR Chain. By aligning with Arbitrum’s vision for Orbit developments, WINR Protocol created a sustainable framework for ecosystem growth, attracting new users and liquidity providers.