# \[Spectra\] Grant Bi-Weekly Update 4

**URL:** <https://gov.gmx.io/t/spectra-grant-bi-weekly-update-4/3855>\
**Category:** Uncategorized\
**Created:** [August 22, 2024, 6:16pm UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-4/3855 "2024-08-22T18:16:25Z")\
**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 22, 2024, 6:16pm UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-4/3855/1 "2024-08-22T18:16:25Z")

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**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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**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 24, 2024, 2:01pm UTC](https://gov.gmx.io/t/spectra-grant-bi-weekly-update-4/3855/2 "2024-08-24T14:01:26Z")

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Good to see the progress, keep up the great work