According to ChainCatcher, DeFi lending protocol Goldlink said on social media that it has launched the Arbitrum Rewards Program, which is supported by the decentralized derivatives protocol GMX Grant Program. Starting June 30, the team will distribute 75,000 ARBs to lenders in its GMX funding rate farming pool and increase APY to 20%. Rewards will be issued once a week, and the total weekly issuance amount will be determined based on the TVL cap of the lending pool.

According to the Web3 asset data platform RootData, GoldLink completed a US$1.4 million Pre-Seed round of financing in August 2023, led by Polychain Capital.