D2 Finance Bi-Weekly Update

D2 Finance Grant Bi-Weekly Update

Date: Jan 24, 2024

I. Executive Summary:

a) Roadmap Progress

  • D2 Finance has had a strong epoch performance (Dec 22, 2023 - Jan 19, 2024) with ETH++ earning a gross return of 20.11% (or 829.32% APR annualized) during the trading epoch

  • Our ETH++ strategies have driven a total of $339.14k total volume through GMX since inception, with limited TVL caps.

  • Extrapolating, we are on track to reach our next Milestone of $1m volume traded through GMX by Feb 15

b) Milestone/KPI Achievements

  • Milestone 2 - Jan 15th - Target TVL 40k , Target Volume 200K in GMX for the period (22 Dec 19Th January):: 12.5k ARB was achived and surpassed :white_check_mark:

  • On track to meet 40k in GM, with >50k in commits ready to deploy with our Rodeo Finance partnership

c) Dune Dashboards

Dune Dashboard: https://dune.com/d2_finance/d2-finance-analytics

II. Current Progress:

  • The next ETH++ vault epoch will be deployed to coincide with the launch of our Rodeo++ vault. This Rodeo++ is a tactical vault is partnership with Rodeo to deposit upto 75% of TVL into the leveraged GM farms on Rodeo with balance in ETH++ making use of the GMX platform and opportunity for ARB incentives from 3 platforms

  • D2 Token Relaunch will be announced on Camelot’s twitter spaces Jan 25

III. Community Engagement:

  • Strong base community engagement as demonstrated by filling the vault caps for ETH++ immediately

  • Expanding the community to certain WL Rodeo members for our targeted vault

IV. Partnerships and Collaborations:

  • Partnerships with Lyra, Dolomite, and other blue chip protocols in progress

  • The focus of D2 partnerships is to utilize the underlying protocols and provide real intrinsic value to both partners in the relationship