Pear Protocol: Grant Bi-Weekly Update

GMX Grants Reports
1

I. Executive Summary:

a) Roadmap Progress:

Removed the cap on trading sizes and added new testers to our beta for additional feedback. We have also started our private audits.

b) Milestone/KPI Achievements: Initial work on incorporating GMX V2 has begun alongside the design of our rewards/incentives dashboard. We have asked GMX team for some parameters around $ARB liquidity emissions.

c) Dune Dashboard is being developed during our beta - the link is here - https://dune.com/frijoles/pear-protocol

II. Current Progress:

We have some basic structure and contracts that interfaces GMX V2 with first step being to open a long trade in V2.

Reward Dashboard Design has been finalised and we are starting to implement this into the trading app.

III. Community Engagement:

We are continuing to update our community regularly via Discord & Twitter.

IV. Partnerships and Collaborations:

Nothing additional at this stage.

2

I. Executive Summary:

a) Roadmap Progress:

Private Audits almost complete, feedback that has been received we are starting to implement alongside updating some of our UI/UX.

b) Milestone/KPI Achievements: Initial work on incorporating GMX V2 is now complete as is the design of our rewards/incentives dashboard. Calculations for the $ARB liquidity emissions have also been concluded.

c) Dune Dashboard is complete for this stage - https://dune.com/frijoles/pear-protocol

II. Current Progress:

Work on GMX V2 is going very well, with the ability to open both a Long and Short trade with minor bugs.

Reward Dashboard Design continues to be implemented into the trading app.

III. Community Engagement:

We are continuing to update our community regularly via Discord & Twitter.

IV. Partnerships and Collaborations:

Nothing additional at this stage.

3

I. Executive Summary:

a) Roadmap Progress:

Private Audits completed, all feedback has been implemented. User dashboard is live to testers, the rewards tab itself (for the $ARB tokens) is being finalised. Incentive program has been designed, with the $ARB rewards being used to offset realised trading fees routed through GMX v2.

b) Milestone/KPI Achievements: Initial work on incorporating GMX V2 contracts are now complete. We have been in touch with the GMX dev team regarding some outstanding TradingView chart integrations.

c) Dune Dashboard is complete - https://dune.com/frijoles/pear-protocol

II. Current Progress:

Smart contract work on GMX V2 is almost complete. We will host the front-end complete with rewards. UI/UX designs are ready, as is our GtM calendar.

III. Community Engagement:

We are continuing to update our community regularly via Discord & Twitter. We’d like to explore co-marketing opportunities with GMX and Arbitrum in March.

IV. Partnerships and Collaborations:

Nothing additional at this stage.

4

. Executive Summary:

a) Roadmap Progress:

Private Audits completed (Shieldify), and all code recommendations committed. User dashboard is live, and the claim contract for the $ARB tokens will be in place by 28/02/2024. We will begin emitting rewards first week of March as planned.

b) Milestone/KPI Achievements: Our smart contracts built on top of GMX v2 have been deployed on Arbitrum Mainnet. I will share a TX ID shortly. Total trading volume (closed beta, with $25 wallet cap) has hit over $550,000.

c) Dune Dashboard is complete - https://dune.com/frijoles/pear-protocol

II. Current Progress:

We have deployed our smart contracts for Pear Protocol built on top of GMX v2. We aim to begin emitting $ARB rewards, as a 75% rebate on $ETH fees paid during the grant emission period.

III. Community Engagement:

We are continuing to update our community regularly via Discord & Twitter, including hiring another Community Manager. We have also started to design a trading competition amongst GMX blueberries.

IV. Partnerships and Collaborations:

We’ll be working with Blockworks from 20/03/2024 to spread the word about pair trading, including both earned and paid media opportunities including a Webinar and sponsoring the 0xResearch podcast.

1 Like
5

Great news, looking forward to experiment with pair trading.

1 Like
6
7

Executive Summary:

After extensive testing and private audits with Shieldify, we have now successfully integrated our trading engine with GMX v2, allowing users to trade up to 13 assets (156 pairs) as tokenised/wrapped long-short trades. We now move to the next stage, which is generating trading volume and fees for GMX v2 in a novel manner, and distributing $ARB rewards as a fee rebate (75%) for those that do.

a) Roadmap Progress:

Milestone 1 of the builder grant has been achieved, and here are two recent trades:

ETH/BTC leveraged long: Arbitrum Transaction Hash (Txhash) Details | Arbiscan
ETH/SOL leveraged long: Arbitrum Transaction Hash (Txhash) Details | Arbiscan

b) Milestone/KPI Achievements: The first 2 transactions (IDs) have been successfully placed, generating fees for GMX v2, and our smart contracts are capturing data about fees paid. The smart contract for $ARB reward claims has also been implemented and tested, and we are now integrating the front-end to make it consistent with what already exists on pear.garden

c) Dune Dashboard is being updated to reflect GMX v2 volume, currently we are showing GMX v1 volume - https://dune.com/frijoles/pear-protocol

II. Current Progress:

We will showcase a demo of the platform to the grants team later this week. This is a large task given the number of contract calls and functions, but we have 2 full time devs working exclusively on this.

III. Community Engagement:

We are continuing to update our community regularly via Discord & Twitter, including hiring another Community Manager. We have agree to work with The Blueberry Club in an informal manner, giving them a unique referral code to use which is win-win for GMX, their treasury and Pear Protocol. We have also negotiated a partnership with Arbitrum native “Primeapes DAO” to trade on Pear Protocol and earn incentives, thus further promoting trading volume across the wider ecosystem.

IV. Partnerships and Collaborations:

We’ll still be working with Blockworks from 20/03/2024 to spread the word about pair trading, including both earned and paid media opportunities including a Webinar and sponsoring the 0xResearch podcast. We are attending the Digital Asset Summit in London on 18-20 March 2024 to raise awareness about Pear Protocol, and the unique trading opportunities that provides.

1 Like