ARBITRUM STIP UPDATE - #6 Over the past two weeks, Balancer distributed 100,000 $ARB to drive liquidity across top-performing pools on @arbitrum, focusing on LST/LRTs and Stablecoins. â Average daily TVL reached $77.3M, with $7.03M in daily volume and 2,168 unique addresses. â Key pools like wstETH/sfrxETH and sFRAX/4POOL received substantial incentives, while stablecoin TVL hit an all-time high of $11M, led by sUSX/USDC at $1.34M. Balancerâs partnership with @GyroStable and integration with @aaveâs lending markets has boosted $ARB flow into the ecosystem. This collaboration, especially with Gyroscopeâs Rehype pools, allows liquidity providers to earn yield from Aaveâs lending markets. â In addition to these liquidity efforts, Balancer has teamed up with @Galxe to launch the Balancer x Galaxe Arbitrum Quests. Participants can engage with the Balancer ecosystem and compete for a share of $50K in ARB rewards. â Learn more here: https://t.co/yMCU54om8U â Looking ahead, another 50,000 $ARB will be distributed to incentivize Balancerâs top pools, ensuring continued growth in liquidity across the platform. â For a deeper dive into the metrics and success of the Arbitrum STIP program, check out the full report here:
Find Your Inner Balancer - The Arbitrum Arc Update
As we approach the final stretch of the STIP x @GalxeQuest, weâre excited to announce the details of the rewards distribution. To ensure everyone has enough time to participate, the quest has been extended until September 23rd.
Rewards Distribution: Rewards will be distributed through multiple claim quests, with winners either claiming their prizes or entering the raffle. Here's a breakdown of the reward tiers:
Tier 2: Leaderboard Users 6-50 (Total: 31,500 $ARB) âą 700 ARB per user (45 users)
Tier 3: Leaderboard Users 51-151 (Total: 25,000 $ARB) âą 250 $ARB per user (100 users)
Tier 4: Raffle for Users Ranked 152 and Below âą Remaining $ARB tokens will be raffled off to users ranked 152 and lower, primarily for those completing simple on-chain or social tasks.
Fair Play and Participation: We encourage all users to participate fairly and meaningfully in the pools throughout the quest. Any suspicious activity or attempts to game the system may result in disqualification. We will be monitoring closely to ensure a fair and transparent process for all participants.
Stay tuned for more updates, and make the most of this extended period as you explore the Balancer ecosystem!
Create a hook on Balancer v3, collaborate with Balancerâs core dev team, build new and innovative liquidity features around existing AMMs, and win a share of a $17k prize pool. đ§”
One Stable Pool. Two Yield Bearing tokens. Three Yield Sources.
Find your zen with this new $USDC LP and unlock exposure to @GainsNetwork_io $USDC trading fees, @aave $USDC lending market interest rates, AND @GyroStable concentrated liquidity swap fees.
1/ The strategic deployment of Balancer on Fraxtal offers users self-bribing, Yield-bearing liquidity pools, fuelled by the @fraxfinance AMO, and sweetened with FXTL points.
Shake Up Your Liquidity with Balancer's Latest STIP Update
Over 100,000 $ARB has been deployed across top LST/LRT and stablecoin pools on @arbitrum, driving an 11% increase in stablecoin liquidity and an 8% boost in LST liquidity.
With a boost mechanism on the horizon to maximize the efficiency of $ARB rewards, dive into the details to find out more.