What is the Arbitrum STIP?
The STIP is a 3 month incentive program voted on by the Arbitrum DAO to bring renewed interest, attract new users, and build liquidity across all the decentralized apps that call Arbitrum home.
Frax requested 1.5m ARB from a total of 50m to increase liquidity for all of its products and assets. The Arbitrum DAO voted heavily in favor to include Frax in this program.
Read more about Frax's involvement in STIP
Samuel McCulloch
What Opportunities are there for Frax on Arbitrum?
Flywheel has aggregated all the incentivized pools in a handy spreadsheet. Use it to track APRs, TVL, and find links to all the DApps.
Weekly changes in TVL and APR are shown in green and red to track increases or decreases to these stats.
Interesting Weekly Changes
TVL
Curve's coming in HOT this week. The crvUSD/FRAX LP jumped up a 264% in TVL, to $13m. That's the largest 1 week increase we've seen this cycle. Yields are 24%, which is large for this size of pool.
Coming in 2nd for TVL growth, the Balancer sFRAX pool increased by 43% from the previous week to $5.6m.
In third place, the Notional FRAX liquidity pool is on a tear, climbing 30% in 1 week to $3m.
APRs
Ramses has some eye-watering yields for their FRAX/USDC and FRAX/USDT pools, with the former at 730% unboosted and the latter at 1902%. These are the biggest yields on the list this week!
Another big winner for this week was the Uniswap pools. ARB rewards started being distributed to them and the frxETH-svETH LP is earning 336%, while the frxETH-FRAX LP is currently earning 105%! Definitely worth checking out.
