# \[Spectra\] Grant Bi-Weekly Update 3

**URL:** <https://gov.gmx.io/t/spectra-grant-bi-weekly-update-3/3803>\
**Category:** GMX Grants Reports\
**Created:** [August 8, 2024, 11:42pm UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-3/3803 "2024-08-08T23:42:00Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![absoluteunit](https://avatars.discourse-cdn.com/v4/letter/a/a3d4f5/32.png) [@absoluteunit](https://gov.gmx.io/u/absoluteunit)\
**Post date:** [August 8, 2024, 11:42pm UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-3/3803/1 "2024-08-08T23:42:01Z")

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**Spectra Grant Bi-Weekly Update**

**Date: 8 August 2024**

**I. Executive Summary:**  
We are in the process of getting APW emissions live for gmBTC and gmETH pools so we can start incentivizing users to deposit.

**a) Roadmap Progress  
Additional $50k of TVL achieved in both gmETH and gmBTC vaults, bringing their total to $150k / each. More TVL is coming in next week as we continue to scale rewards an votes for the pools.**

 

**b) Milestone/KPI Achievements  
Same as above**

 

**II. Current Progress:**  
Additional $50k of TVL achieved in both gmETH and gmBTC vaults, bringing their total to $150k / each. More TVL is coming in next week as we continue to scale rewards an votes for the pools.  
**III. Community Engagement:**  
None as of yet, we will start marketing as soon as the APW gauge is completed. This is set to be completed by tomorrow.  
**IV. Partnerships and Collaborations:**

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**Author:** ![Jonezee](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/jonezee/32/1238_2.png) [@Jonezee](https://gov.gmx.io/u/Jonezee)\
**Post date:** [August 9, 2024, 9:57am UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-3/3803/2 "2024-08-09T09:57:59Z")

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Thanks for the update