Spectra Grant Bi-Weekly Update
Date: 5 September 2024
I. Executive Summary:
a) Roadmap Progress
Similar to last week, tough market conditions have caused a bit of a lag in TVL
b) Milestone/KPI Achievements
Also same as last week, we are pushing to work with more LPs but they are waiting and hedging their position to accommodate for current market conditions
II. Current Progress:
$411k TVL in gmBTC && ~10% APY
$150k TVL in gmETH && ~8.58% APY
III. Community Engagement:
N/A
IV. Partnerships and Collaborations: