# Rabbithole Grant BiWeekly Update
**URL:** https://gov.gmx.io/t/rabbithole-grant-biweekly-update/2881
**Category:** GMX Grants Reports
**Created:** [December 13, 2023, 4:32pm UTC](https://gov.gmx.io/t/rabbithole-grant-biweekly-update/2881 "2023-12-13T16:32:22Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@RabbitHole](https://gov.gmx.io/u/RabbitHole)
#### Post date: [December 13, 2023, 4:32pm UTC](https://gov.gmx.io/t/rabbithole-grant-biweekly-update/2881/1 "2023-12-13T16:32:22Z")
## Rabbithole Grant Bi-Weekly Update
Date: December 13, 2023
## I. Executive Summary:
Rabbithole was funded with 100K ARB to develop the infrastructure and deploy [Quests](https://rabbithole.gg/quests) on behalf of GMX.
RabbitHole received it’s initial 25K ARB grant from the GMX Grant multisig on December 11, 2023.
To date, Rabbithole has created 2 active quests.
### a) Roadmap Progress
- Development of the GMX plugin (I.e. GMX integration on Rabbithole) was completed prior to receiving the grant, in the weeks leading up to December 12, 2023.
- December 12, 2023: Rabbithole received 25K/100K ARB from GMX.
- December 12, 2023: Began development of a [Dune Dashboard](https://dune.com/rabbithole/quest-protocol-gmx-quests) for the GMX community to use in tracking the effectiveness of the granted ARB.
- December 12, 2023: RabbitHole announces the first Quests on Twitter.
- December 12, 2023: Rabbithole deployed the first 2 GMX Quests.
#### Week 1
Rabbithole has agreed to release the ARB granted in the form of weekly quests. The Quest breakdown for the first week of GMX Quests is as follows:
- Quests:
- [Trade on GMX (New + Existing Users)](https://terminal.rabbithole.gg/quests/2ca356aa-7d94-4782-a5f3-867abf1779db)
- Allow List: New & existing GMX users.
- Total Allocation: 4,000 ARB
- Maximum Claimers: 5,000
- ARB per Claimer: 0.8
- [Trade on GMX (New Traders)](https://terminal.rabbithole.gg/quests/7721641a-682d-47ab-bc5b-dec6e41e0f97)
- Allow List: New GMX users (excludes current GMX users).
- Total Allocation: 2,500 ARB
- Maximum Claimers: 2,500.
- ARB per Claimer: 1.0
### b) Milestone/KPI Achievements
**Target Objectives**
| Objective | Description | KPI |
| --- | --- | --- |
| Objective #1 | Drive new users to GMX and create sustainable ecosystem growth. We’ll use allowlist targeting functionality such as whitelist/blacklist to accomplish this objective. | 7,500 new wallets |
| Objective #2 | Drive incremental usage to GMX by engaging existing users and reactivating dormant ones. | 27,500 monthly unique wallets, 8,500 re-engaged wallets, 85,000 transactions driven to GMX |
| Objective #3 | Provide GMX a detailed CPA (cost per action) & fees generated for each quest as well as the overall program to measure efficacy of the effort. | Dune Dashboard |
| Objective #4 | Create a GMX Plugin to deploy quests to specify minimum amounts and specific tokens, which can be used by anyone in GMX community | GMX Plugin for Quest Protocol |
**Target KPIs**
| | Phase 1 (Experiment) | Phase 2 (Iterate) | Phase 3 (Scale) |
| --- | --- | --- | --- |
| KPI | Month 1 | Month 2 | Month 3 |
| Transactions or Actions Driven | 17,500 | 22,500 | 45,000 |
| Monthly Unique Addresses | 5,000 | 7,500 | 15,000 |
| New GMX Addresses | 1,500 | 2,000 | 4,000 |
| Reactivated Users | 1,750 | 2,250 | 4,500 |
| Grant Distributed | $25k | $25k | $50k |
**Performance To Date**
Pending completion of the first quest we will begin tracking this with full data.
### c) Dune Dashboards
The Rabbithole community dashboard is available here:[https://dune.com/rabbithole/quest-protocol-gmx-quests](https://dune.com/rabbithole/quest-protocol-gmx-quests).
We are currently updating this dashboard to remain consistent with data needs.
### II. Current Progress:
- Rabbithole received the ARB from GMX on Dec. 11, 2023. 
**Current Quest Progress:**
- [Trade on GMX (New + Existing Users)](https://terminal.rabbithole.gg/quests/2ca356aa-7d94-4782-a5f3-867abf1779db)
- Completions: 315/5000
- ARB Distributed: 250.4/4000 ARB
- [Trade on GMX (New Traders)](https://terminal.rabbithole.gg/quests/7721641a-682d-47ab-bc5b-dec6e41e0f97)
- Completions: 1457/2500
- ARB Distributed: 1456/2500 ARB
### III. Community Engagement:
Twitter Post: 1
Email Promotions: 1
### IV. Partnerships and Collaborations:
N/A
---
### Author:  [@RabbitHole](https://gov.gmx.io/u/RabbitHole)
#### Post date: [December 27, 2023, 4:28pm UTC](https://gov.gmx.io/t/rabbithole-grant-biweekly-update/2881/2 "2023-12-27T16:28:17Z")
## Rabbithole Grant Bi-Weekly Update
Date: December 27, 2023
## I. Executive Summary:
Rabbithole was funded with 100K ARB to develop the infrastructure and deploy [Quests] on behalf of GMX.
RabbitHole received its initial 25K ARB grant from the GMX Grant multisig on December 11, 2023.
To date, Rabbithole has created 6 quests on behalf of GMX’s STIP grant and 1 quest with an NFT Reward for RabbitHole’s Holiday Quest.
### a) Roadmap Progress
- Development of the GMX plugin (I.e. GMX integration on Rabbithole) was completed prior to receiving the grant, in the weeks leading up to December 12, 2023.
- December 12, 2023: Rabbithole received 25K/100K ARB from GMX.
- December 12, 2023: Began development of a Dune Dashboard for the GMX community to use in tracking the effectiveness of the granted ARB.
- December 12, 2023: RabbitHole announces first Quests on Twitter.
RabbitHole has continued to refine its GMX plug-ins by refining quests to support GMX V2 exclusive quests, in addition to further development towards perpetual swap support including “Open Position” action types.
#### Week 3
The Quest breakdown for the third week of GMX Quests is as follows:
- Quests:
- [Trade on GMX V2](https://terminal.rabbithole.gg/quests/6904f39a-5ef4-417f-9406-f6a04b211f1b)
- Allow List: New Users.
- Total Allocation: 2,250 ARB.
- Maximum Claimers: 1500.
- ARB per Claimer: 1.5.
#### Week 2
The Quest breakdown for the second week of GMX Quests is as follows:
- Quests:
- [Trade on GMX V2](https://terminal.rabbithole.gg/quests/1573e66e-3029-4c10-a085-5eabe6ef5a87)
- [Trade on GMX V2](https://terminal.rabbithole.gg/quests/3bbc6e54-f989-42ac-a459-0ac366f38b7e)
#### Week 1
Rabbithole has agreed to release the ARB granted in the form of weekly quests. The Quest breakdown for the first week of GMX Quests is as follows:
- Quests:
- [Trade on GMX V2](https://terminal.rabbithole.gg/quests/caad7994-82c9-48ab-88c4-2905ca7e2235)
- [Trade on GMX (New + Existing Users)](https://terminal.rabbithole.gg/quests/2ca356aa-7d94-4782-a5f3-867abf1779db)
- [Trade on GMX (New Traders)](https://terminal.rabbithole.gg/quests/7721641a-682d-47ab-bc5b-dec6e41e0f97)
### b) Milestone/KPI Achievements
**Target Objectives**
| Objective | Description | KPI |
| --- | --- | --- |
| Objective #1 | Drive new users to GMX and create sustainable ecosystem growth. We’ll use allowlist targeting functionality such as whitelist/blacklist to accomplish this objective. | 7,500 new wallets |
| Objective #2 | Drive incremental usage to GMX by engaging existing users and reactivating dormant ones. | 27,500 monthly unique wallets, 8,500 re-engaged wallets, 85,000 transactions driven to GMX |
| Objective #3 | Provide GMX a detailed CPA (cost per action) & fees generated for each quest as well as the overall program to measure efficacy of the effort. | Dune Dashboard |
| Objective #4 | Create a GMX Plugin to deploy quests to specify minimum amounts and specific tokens, which can be used by anyone in GMX community | GMX Plugin for Quest Protocol |
**Target KPIs**
| | Phase 1 (Experiment) | Phase 2 (Iterate) | Phase 3 (Scale) |
| --- | --- | --- | --- |
| KPI | Month 1 | Month 2 | Month 3 |
| Transactions or Actions Driven | 17,500 | 22,500 | 45,000 |
| Monthly Unique Addresses | 5,000 | 7,500 | 15,000 |
| New GMX Addresses | 1,500 | 2,000 | 4,000 |
| Reactivated Users | 1,750 | 2,250 | 4,500 |
| Grant Distributed | $25k | $25k | $50k |
**Performance To Date**
| | Phase 1 (Experiment) |
| --- | --- |
| KPI | Dec. 11 - Jan. 11 (Ongoing) |
| Transactions or Actions Driven | 4,362 |
| Monthly Unique Addresses | 3,714 |
| New GMX Addresses | 812 |
| Reactivated Addresses | 221 |
| Grant Distributed | 9,352.50 |
| Network Fees Generated (ETH) | 2.33654 |
| GMX Fees Generated (ETH) | 8.52040 |
Performance details available on Dune [here](https://dune.com/queries/3243412/5426512).
### c) Dune Dashboards
The Rabbithole community dashboard is available [here]([[https://dune.com/rabbithole/quest-protocol-gmx-quests](https://dune.com/rabbithole/quest-protocol-gmx-quests)).
### II. Current Progress:
- Rabbithole received the ARB from GMX on Dec. 11, 2023. 
**Current Quest Progress:**
Active
- [Trade on GMX V2 (New Users)](https://terminal.rabbithole.gg/quests/3bbc6e54-f989-42ac-a459-0ac366f38b7e)
- Completions: 201/2000
- ARB Distributed: 301.5/3000 ARB
Completed
- [Trade on GMX V2 (New GMX Users)](https://terminal.rabbithole.gg/quests/1573e66e-3029-4c10-a085-5eabe6ef5a87)
- Completions: 201/2000
- ARB Distributed: 301.5/3000 ARB
- [Swap on GMX V2 on Arbitrum (Historical GMX Users)](https://terminal.rabbithole.gg/quests/3bbc6e54-f989-42ac-a459-0ac366f38b7e)
- Completions: 750/4000
- ARB Distributed: 900/4800 ARB
- [Swap on GMX V2 on Arbitrum (New + Existing Users)](https://terminal.rabbithole.gg/quests/caad7994-82c9-48ab-88c4-2905ca7e2235)
- Completions: 250/250
- ARB Distributed: 250/250 ARB
- [Trade on GMX (New + Existing Users)](https://terminal.rabbithole.gg/quests/2ca356aa-7d94-4782-a5f3-867abf1779db)
- Completions: 632/5000
- ARB Distributed: 505.60/4000 ARB
- [Trade on GMX (New Traders)](https://terminal.rabbithole.gg/quests/7721641a-682d-47ab-bc5b-dec6e41e0f97)
- Completions: 2468/2500
- ARB Distributed: 2468/2500 ARB
### III. Community Engagement:
Twitter Post: 3
Email Promotions: 1
### IV. Partnerships and Collaborations:
- RabbitHole included GMX in its [Holiday Quests](https://x.com/rabbithole_gg/status/1736939119979225446?s=20) to drive an additional 935 Questors to GMX.