GoldLink Protocol Grant Bi-Weekly Update
Date: 08/22/2024
I. Executive Summary:
We completed Milestone 1 over the past weeks, supported by several new launches, including launching the protocol on AVAX, which has led to additional lending volume and the launching of new engagement programs. With this first milestone complete, we have increased TVL caps across the platform as we look to continue driving new users to participate in the rewards program and bringing in new comarketing partners. We’re also developing our mobile platform, which several customers have requested in the past, which we believe will lead to additional awareness and lending activity.
a) Roadmap Progress
- After completing the first milestone, we are working towards milestone 2 for borrowing and lending.
- We’ve seen an increase in borrowing and lending activity alongside the recent AVAX launch and engagement programs.
b) Milestone/KPI Achievements
- Lending Deposits : $1,073,931/ $2,500,000
- Borrow Volume: $$654,116 / $1,250,000
c) Dune Dashboards: https://dune.com/goldlink_protocol/goldlink-protocol
All metrics represent the period of August 23 - September 5, 2024:
II. Current Progress:
- Lending Deposits: $461,163 (+226%)
- Borrow Volume: $97,554 (+1,244%)
III. Community Engagement:
- 90 Twitter followers (+96%)
- 5`k impressions (+501%)
- Added in several recent new protocols to watch lists across Twitter + Newsletters
IV. Partnerships and Collaborations:
- Launched protocol on AVAX with Ava Labs comarketing
- Launched Galxe campaign for early engagement and lending activity
- Discord roles for early users