# D2 Finance Bi-Weekly Update

**URL:** <https://gov.gmx.io/t/d2-finance-bi-weekly-update/3141>\
**Category:** GMX Grants Reports\
**Created:** [January 24, 2024, 3:19pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-update/3141 "2024-01-24T15:19:04Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**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 24, 2024, 3:19pm UTC](https://gov.gmx.io/t/d2-finance-bi-weekly-update/3141/1 "2024-01-24T15:19:04Z")

</div>

**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 ✅**

**- 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](https://dune.com/d2_finance/d2-finance-analytics)

 ![image](https://us1.discourse-cdn.com/flex020/uploads/gmx/original/1X/d3465ba67988fd0890637fc36f464249dda0af64.png)

**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