[Spectra] Grant Bi-Weekly Update 4

Spectra Grant Bi-Weekly Update

Date: 22 August 2024

I. Executive Summary:

a) Roadmap Progress

$460k TVL achieved in gmBTC & $175k achieved in gmETH

This is a 1 week increase of 3x for gmBTC and 2x for gmETH

b) Milestone/KPI Achievements

Well on our way to $1mm, should be achieved by EOM

II. Current Progress:

As outlined above, $460k in gmBTC & $175k achieved in gmETH

III. Community Engagement:

N/A

IV. Partnerships and Collaborations:

N/A

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Good to see the progress, keep up the great work

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