A little late, but welcome to Epoch 11 of 🍏 Gains Network's @Arbitrum STIP-Bridge program! 👏
This week (Sep 6 to Sep-13), 81,818 $ARB will be distributed as follows:
📈 Trading Incentives (altcoins only!) 💵 Fees: up to 57,272 $ARB 🏆 PnL: 16,363 $ARB 💗 Loyalty: 8,181 $ARB
🌊 LP Incentives @CamelotDEX: 6,666 $ARB for GNS-WETH liquidity incentives @CamelotDEX: 5,500 $ARB for gUSDC-USDC liquidity incentives @pendle_fi: 5,000 $ARB for the gUSDC pool @TimeswapLabs: 3,500 $ARB for the gUSDC market incentives @TimeswapLabs: 3,000 $ARB for the pt-gUSDC market incentives @SiloFinance: 4,667 $ARB for the gUSDC lending market 🆕 @MavProtocol: 4,040 for the gUSDC - USDC boosted pool 🔜👀
📈 $gUSDC TVL has fully flipped the the $gDAI vault!
What does this mean for the gTrader? 👀
🎢 Open Interest available is tied to vault size per collateral and $USDC is due to level up! ✨ A larger $gUSDC vault will allow bigger trades using $USDC as collateral
⬇️ Lower borrowing rates on your $USDC collateral trades 💪 Max Open Interest is dependent on deposits + over collateral
🐬 The FLIP to increase OI on $USDC is to be initiated mid September after a two week time-lock!
🎉 v9.2 (Noble Butter) is now LIVE on #gTrade! 🙌 GM!
This upgrade brings: 👉 Reduced spreads on crypto! 🧈 👉 Lowered borrowing fees! 💸 👉 Better OI utilization! ⚙️ 📚 Learn more in the Medium article: ⤵️ https://gainsnetwork-io.medium.com/v9-2-enhanced-spread-formula-and-competitive-liquidations-9cd99ea3497e
Welcome to Epoch 10 of 🍏 Gains Network’s @Arbitrum STIP-Bridge program! 👏
This week (August 30th to September 6th), 203,389 $ARB will be distributed as follows:
📈 Trading Incentives 💵Fees: 163,636 $ARB
🌊 LP Incentives @CamelotDEX: 6,666 $ARB for GNS-WETH liquidity incentives through Merkl @CamelotDEX: 5,500 $ARB for gUSDC-USDC liquidity incentives through Merkl @pendle_fi: 5,000 $ARB for the gUSDC pool @Penpiexyz_io: 1,998 $ARB to bribe the Pendle gDAI pool @Penpiexyz_io: 6,000 $ARB to bribe the Pendle gUSDC pool @TimeswapLabs: 3,500 $ARB for the gUSDC market incentives @TimeswapLabs: 3,422 $ARB for the pt-gUSDC market @Balancer: 3,000 $ARB to boost the gUSDS-aUSDC liquidity pool @SiloFinance: 4,667 $ARB for the gUSDC lending market