[Spectra] Grant Bi-Weekly Update 2

Date: 25 July 2024

I. Executive Summary:

Both the gmETH and gmBTC pools were launched on Arbitrum. Roughly $100k in TVL was acquired in both pools. Another batch of deposits is set to come in this week.

a) Roadmap Progress

Launched both the gmETH and gmBTC Pools, $100k TVL achieved with more to come

b) Milestone/KPI Achievements

Same as above, gmETH and gmBTC pools were deployed.

c) Dune Dashboards

N/A

II. Current Progress:

$100k TVL achieved in each pool, another $1mm is set to be deposited in both this week

III. Community Engagement:

None as of yet, we will start marketing as soon as the APW gauge is completed

IV. Partnerships and Collaborations:

N/A