Final Report: Fluid GMX Bot
I. Introduction
Project Overview:
Fluid enhances cryptocurrency trading efficiency through its GMX trading tool integrated with Telegram. The Fluid GMX Bot aims to streamline trading processes and boost community engagement on the Arbitrum network.
Grant Received:
Fluid received a grant of 100k Arbitrum from GMX, which was utilized to achieve all milestones and exceed key performance indicators (KPIs) by close to 800%.
II. Objectives
Achievements:
Fluid successfully achieved all milestones, which included transitioning to the Arbitrum network, and significantly surpassed the KPIs set forth in the original grant application.
III. Project Development
API as a Service Product: Created an innovative API as a service product that enables other projects to implement GMX traded perpetual futures seamlessly.
D3ploy Audit:
Successfully completed a comprehensive Smart Contract Audit through D3ploy, ensuring the security and reliability of our products.
Challenges Overcome:
Found a unique solution to implement a tax token into Camelot on Arbitrum for safer and more secure transactions.
IV. Community Engagement
Competitions:
Hosted multiple prize competitions with rewards ranging from $25,000 to $35,000, significantly enhancing trader engagement and participation.
V. Rewards Distribution
Keeper Fees and Prizes:
Covered keeper fees and distributed substantial prizes for competitions, fostering a competitive and rewarding community atmosphere.
VI. Acknowledgments
Support and Gratitude: Extended heartfelt thanks to GMX for their invaluable support, to Arbitrum for their robust platform and assistance, and to the Fluid Family for their unwavering involvement and commitment, which were instrumental in turning our visions into reality.
VII. Future Plans
- Planning the next competition to be affiliate-based, aiming to bring more users to the Fluid GMX Bot and further bolster the community.
- We have applied for the LTIPP Arbitrum Grant for an additional 300k arb to support the rapidly expanding project.
VIII. Technical Details
Fluid Arbitrum Multisig Address:
0x066cDcD413EDBB2a7bbE72f3d7886D3544eF55A6
Multisender Contract for Incentive Distribution:
0xD185eCD0C8DC8F7340a4e7Ab93c0066513DE1F98
Treasury Address:
0x0879FFBe4feE936F3B4cAe286990b14e54929B10
IX. Conclusion
Summary of Achievements:
The successful utilization of the GMX grant has led to remarkable growth in trading volume, user acquisition, and has established Fluid as a frontrunner in the decentralized trading ecosystem on the Arbitrum network. Through the dedication of the Fluid team and community, the GMX Bot has become a hallmark of innovation and efficiency.
X. KPIs and Metrics
Trading Volume:
Achieved a staggering $139,180,970 in total trading volume.
Number of Trades:
Facilitated 6,169 trades.
Referrals:
Acquired 112 new referrals through our affiliate program.
Dune Dashboard:
Fluid Analytics (dune.com)
Attachments/Links:
Fluid GMX Bot - Telegram: Contact @FluidGMXBot
Fluid Trade Portal - Telegram: Contact @FluidTradingPortal
Fluid Docs - https://fluidtrade.gitbook.io
Fluid on X.com - https://twitter.com/FluidToken
Fluid on the web - https://fluidtrade.io/