# D2 Finance Bi-Weekly Report 

**URL:** <https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963>\
**Category:** GMX Grants Reports\
**Created:** [December 27, 2023, 3:02pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963 "2023-12-27T15:02:01Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![D2.Finance](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/d2.finance/32/686_2.png) [@D2.Finance](https://gov.gmx.io/u/D2.Finance)\
**Post date:** [December 27, 2023, 3:02pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963/1 "2023-12-27T15:02:01Z")

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\*\*D2 Finance Grant Bi-Weekly Update \*\*

**Date: Dec 27, 2023**

**I. Executive Summary:**

D2 Finance has launched a flagship ETH++ vault market on Camelot. This enables users to gain exposure to the D2 complex trading strategies in a simplified manner (simple as swapping a token). The launch is limited (capped) to $40k TVL during this epoch as part of the risk management roll-out procedure.

Within the ETH++ vault, both perp trading and GM pool utilization are used to take advantage of market opportunities.

With $40k TVL in the ETH++ vault, we are on track to generate $200k trading volume and have traded over $10k per day (on average)

**a) Roadmap Progress**

 
**- Milestone 1 - Dec 22nd - Launch of Vaults for Public :: 12.5K ARB ✅
  - ETH++ Launched to the Public [D2 Finance: ETH++ Market Launching on Camelot | by D2 | Dec, 2023 | Medium](https://medium.com/@D2.Finance/d2-finance-eth-market-launching-on-camelot-5e420cff0181)**

 

**b) Milestone/KPI Achievements**

 
**- Milestone 1 - Dec 22nd - Launch of Vaults for Public :: 12.5K ARB ✅**

**- Milestone 2 - Jan 15th - Target TVL 40k , Target Volume 200K in GMX for the period (22 Dec 19Th January):: 12.5k ARB ✅**

 

**c) Dune Dashboards**

- Engaging with partner to create reporting dashboard

**II. Current Progress:**

- See Milestone / KPI achievement section above.
- Our focus for this reporting epoch is to achieve Milestone 2 - Jan 15th - Target TVL 40k , Target Volume 200K in GMX for the period (22 Dec 19Th January) which we have aligned with our vault epoch.
- 1 $ARB received as test transaction from GMX, waiting on first milestone incentives to be used to further incentivize the vault.

**III. Community Engagement:**

- Re-introduction of rebranded D2 Finance complete
- Strong community engagement with long term supporters ad D2 Rangers (large stake holders)

**IV. Partnerships and Collaborations:**

- Partnered with Rodeo Finance to utilize their leveraged GM pools for trading limited to ~2x leverage. Integration and deployment will be finalized upon their launch of fully audited Farms

- Engaged with Dolomite to integrate their lending / borrowing markets

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**Author:** ![RodeoFinance](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/rodeofinance/32/685_2.png) [@RodeoFinance](https://gov.gmx.io/u/RodeoFinance)\
**Post date:** [December 27, 2023, 3:33pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963/2 "2023-12-27T15:33:32Z")

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We look forward to our partnership with D2 Finance to facilitate greater volumes and TVL in the GM farms (which also help balance the OI due to D2 Finance strategies)

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**Author:** ![Mugi](https://avatars.discourse-cdn.com/v4/letter/m/41988e/32.png) [@Mugi](https://gov.gmx.io/u/Mugi)\
**Post date:** [December 27, 2023, 10:54pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963/3 "2023-12-27T22:54:55Z")

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Community support was strong and the ETH++ vault filled so fast. Looking forward to contribute USDC when the cap is increased  
Excited how the protocol is progressing and kudos to the team for transparency and good communication

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**Author:** ![lucad2](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/lucad2/32/762_2.png) [@lucad2](https://gov.gmx.io/u/lucad2)\
**Post date:** [December 27, 2023, 11:11pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-report/2963/4 "2023-12-27T23:11:39Z")

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appreciate it ser. Thank you for the support from the start!
