Rodeo Finance Bi-Weekly Grant Update

GMX Grants Reports
1

Projects that receive a grant courtesy of the GMX Grants Program are required to use this Template.

Rodeo Finance Grant Bi-Weekly Update

Date: March 06

I. Executive Summary:

a) Roadmap Progress

  • Rodeo is at 35% of milestone target to achieve by March 15

  • The program implementation is undergoing rework based on the current market landscape where we see high USDC APRs and users less interested in holding stables

b) Milestone/KPI Achievements

  • List item

Rodeo TVL in GM Farms 352,931.51… milestone taget is $1m by March 15

c) Dune Dashboards

II. Current Progress:
Rodeo will launch a seasons based competition called Running of the Bulls to change and gamify the dynamics of the incentive distribution to better target and reward power users who provide the deepest value to the lending pool

III. Community Engagement:
The above mentioned program will include community engagement and referral bonuses to spread awareness and impact

IV. Partnerships and Collaborations:

  • Engaged with potential partner to create a vault ontop of the Rodeo lending pool to increase TVL