# GoldLink Protocol Grant Bi-Weekly Update

**URL:** <https://gov.gmx.io/t/goldlink-protocol-grant-bi-weekly-update/3728>\
**Category:** GMX Grants Reports\
**Created:** [July 25, 2024, 11:29pm UTC](https://gov.gmx.io/t/goldlink-protocol-grant-bi-weekly-update/3728 "2024-07-25T23:29:16Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![0xkeelo](https://avatars.discourse-cdn.com/v4/letter/0/d78d45/32.png) [@0xkeelo](https://gov.gmx.io/u/0xkeelo)\
**Post date:** [July 25, 2024, 11:29pm UTC](https://gov.gmx.io/t/goldlink-protocol-grant-bi-weekly-update/3728/1 "2024-07-25T23:29:16Z")

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**GoldLink Protocol Grant Bi-Weekly Update**

**Date: 07/25/2024**

**I. Executive Summary:**

The team has successfully deployed rewards claiming and additional marketing information around the ARB rewards program supported by the GMX grant and shifted to increasing our growth efforts with a focus on exposure for the protocol and rewards program. Through a combination of marketing, outreach and business development we’ve been able to nearly double both lending deposits and borrow volume compared to the previous two week period.

a) Roadmap Progress

- Deployed rewards marketing and claiming on UI
- Over 2x growth in Borrow and Lending Volume compared to the previous 2-week period
- Shipped fixes to frontend to clarify borrow experience

b) Milestone/KPI Achievements

- Lending Deposits : $900,715.16/ $1,000,000
- Borrow Volume: $269,835 / $500,000

c) Dune Dashboards: [https://dune.com/goldlink\_protocol/goldlink-protocol](https://dune.com/goldlink_protocol/goldlink-protocol)

All metrics below represent the period of June 12 - July 25, 2024, and are compared to the previous 2-week period.

**II. Current Progress:**

- Lending Deposits: $82,000 (+83.24%)
- Borrow Volume: $140,873 (+150.6%)
- Daily Active Wallets: 5.46 (+5.5%)

**III. Community Engagement:**

- Twitter Spaces with GMX Team
- Spotlight in Crypto New Project Newsletter
- 66 New Followers (+83%)
- 24 New Discord Members (+100%)

**IV. Partnerships and Collaborations:**

- TVL dashboard now being tracked on Defillama
- Exploring partnerships with yield aggregators to create vault lending directing into GMX FRF strategy
