WOOFi Bi-Weekly Update July 31st

Recap of the Previous Two Weeks

ARB Received Last Disbursement: 65,834 ARB

ARB Utilized as Incentives in the Last Two Weeks: 52,880 ARB

Contracts incentivized over the last 2 weeks:

Contract address Name Rewards
0x2CFa72E7f58dc82B990529450Ffa83791db7d8e2 WOOFi Stake 6,583 ARB
0xba452bCc4BC52AF2fe1190e7e1dBE267ad1C2d08 ETH Supercharger vault 5,760 ARB
0x5a6B073E090388C909b9F3bf9D9323be908cAD62 USDC Supercharger vault 5,760 ARB
0x7f3F2A499c00c2D7018300F99A232896fD295Bb1 ARB Supercharger vault 5,760 ARB
0xd2fdaB19b94B59C5F0E75Dd9813365Df815b56B1 WBTC Supercharger vault 5,760 ARB
0xCa10E8825FA9F1dB0651Cd48A9097997DBf7615d Cross-chain swap contract 3,507 ARB
0x816f722424b49cf1275cc86da9840fbd5a6167e9 WOOFi Pro asset vault 19,750 ARB

Contract address label Form 51 completed for all addresses: [Yes]

ARB left over: 12,954 ARB

Plan for leftover ARB: The leftover ARB from unused cross-chain swap incentives (now totaling 36,309.8 ARB) will be reallocated and used as additional WOOFi Earn incentives.

Summary of incentives:

  • 6,583 ARB have been streamed to addresses staking the WOO token according to the size of their stake and multiplier points
  • 23,040 ARB have been streamed evenly between WOOFi’s ARB, ETH, USDC, and WBTC vaults on Arbitrum
  • 3,507 ARB has been used to lower fees for cross-chain swaps into Arbitrum
  • 19,750 ARB has been used to incentivize traders to deposit onto WOOFi Pro via Arbitrum and trade

Additional Info / Disclosures to Multisig: None

STATS

Average 7D TVL: $8.2m

Average 7D daily transactions (cross-chain swaps into Arbitrum): 125

Average 7D daily volumes (cross-chain swaps): $31k

Average 7D daily unique user addresses (cross-chain swaps): 40

Average 7D daily cross-chain swap transaction fees: $31

Link to Dashboard showing metrics: https://dune.com/woofianalytics/woofi-arb-stip-stats

Plan For the Next Two Weeks

Amount of ARB to be distributed: 65,834 ARB ARB

Contracts that will be incentivized:

Contract address Name Rewards
0x2CFa72E7f58dc82B990529450Ffa83791db7d8e2 WOOFi Stake 6,583 ARB
0xba452bCc4BC52AF2fe1190e7e1dBE267ad1C2d08 ETH Supercharger vault 5,760 ARB
0x5a6B073E090388C909b9F3bf9D9323be908cAD62 USDC Supercharger vault 5,760 ARB
0x7f3F2A499c00c2D7018300F99A232896fD295Bb1 ARB Supercharger vault 5,760 ARB
0xd2fdaB19b94B59C5F0E75Dd9813365Df815b56B1 WBTC Supercharger vault 5,760 ARB
0xCa10E8825FA9F1dB0651Cd48A9097997DBf7615d Cross-chain swap contract 16,458 ARB
0x816f722424b49cf1275cc86da9840fbd5a6167e9 WOOFi Pro asset vault 19,750 ARB

Contract address label Form 51 completed for all addresses: Yes

Mechanism for distribution incentives: See article here

Summary of changes to the original plan: None