[Spectra] Grant Bi-Weekly Update

GMX Grants Reports
1

[Protocol Name] Grant Bi-Weekly Update

Date: 15 July 2024

I. Executive Summary:

a) Roadmap Progress: We have officially launched the gmBTC pool as of 10 July 2024. Community members are ready to deposit just awaiting final conirmation from Gaspard on pool balance. gmETH is set to launch this week.
b) Milestone/KPI Achievements: None as of yet
c) Dune Dashboards

II. Current Progress:

gmBTC pool has been succesfully audited and created on Arbitrum Mainnet. Community members will be depositing shortly and APW gauge should go up shortly after to provide additional incentives.

III. Community Engagement:

We are awaiting the first LPs to deposit (this will be after the pool is properly balanced later today) then we will start to initiate community comms.

IV. Partnerships and Collaborations:

N/A

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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