Date: December 13th, 2023
I. Executive Summary and Current Progress:
Funds will be used for 2 main purposes: Removing fees into GMD’s V2 Vaults and Boosting yield to bootstrap more liquidity.
a) Roadmap Progress:
- GMD will start removing deposit fees on all V2 vaults on December 14th, 2023
- All pure $ARB yield be enabled on December 18th, 2023
b) Milestone/KPI Achievements:
-
TVL up until Dec 13th, 2023: $2,800,000
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Protocol owned liquidity into vaults: around $100,000
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Unique wallets into vaults: 150
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Milestone 2 has been successfully surpassed
c) Contract Addresses:
- GM-ETH Vault Contract: 0x5F01D28467953fDa3dc0e2828DAEAbDa0b06CDF3
- GM-BTC Vault Contract: 0xB0F3e3F5C52Ece66Fe44ac7ECedbD06B7aEc11b2