# D2 Finance Bi-Weekly Update 

**URL:** <https://gov.gmx.io/t/d2-finance-bi-weekly-update/3055>\
**Category:** GMX Grants Reports\
**Created:** [January 9, 2024, 5:33pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-update/3055 "2024-01-09T17:33:01Z")\
**Posts on this page:** 1\
**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:** [January 9, 2024, 5:33pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-update/3055/1 "2024-01-09T17:33:01Z")

</div>

**D2 Finance Grant Bi-Weekly Update**

**Date: Jan 09, 2024**

**I. Executive Summary:**

**a) Roadmap Progress**

 
**- D2 Finance has successfully launched the ETH++ Vault with an $80k cap limit. This vault trades within GMX perps and GM farms**

**- D2 Finance will launch the Rodeo++ vault next week with $115k cap limit. This vault deploys up to 75% in Rodeo Finance leveraged integration of GM farms complemented by a mix of convex and directional hedges.**

 

**b) Milestone/KPI Achievements**

 
**- D2 Finance has successfully met Milestone 2 ahead of the Jan 15 schedule with over $250k notional perp volume traded in GMX from Dec 23 to Jan 09**

**- [Debank tracking of Vaults](https://debank.com/protocols/arb_d2/pools)**

**- [ETH++ Secondary market tracking](https://dexscreener.com/arbitrum/0x3e5972eF94697841D4e69be5c7BdcE588E2CDEFd)**

 

**c) Dune Dashboards**

- The Dune dashboard for reporting will be built starting Jan 10-11 by Shogun (GMX)

**II. Current Progress:**

- ETH++ Market launched ($80k cap)

- Rodeo++ Market ($115k cap) to be announced this week (D2 deploying up to 75% of vault funds into Rodeo GM Leverage farm integration)

- DSQ token to be sunset Jan 10, voluntary D2 token airdrop to begin Jan 10-15. This is to position to meet regulatory requirements before onboarding for Institutional contacts funds

- Engaged Hackathon Participants to improve D2 Finance UI / Analytics

**III. Community Engagement:**

- D2 Finance welcomes 4 new Rangers. Rangers are token holders with a meaningful stake in the protocol aligned with D2 goals based on mutual interest and economic incentives.

[https://d2finance.shinyapps.io/ranger/](https://d2finance.shinyapps.io/ranger/)

**IV. Partnerships and Collaborations:**

- Official Partnership with Rodeo Finance to be announced next week

- On-going discussion with Dolomite

- Camelot partnership for GRAIL++ to be announced