Thetanuts Finance will distribute 200,000 ARB token rewards to v3 Incentive Alpha test participants
Thetanuts Finance, a on-chain options protocol focusing on altcoins, announced that it will allocate Arbitrum STIP incentives to Alpha test participants for version 3. According to a previous governance proposal, Thetanuts Finance can receive 200,000 ARB as Arbitrum STIP incentives.
The distribution for Alpha test participants for version 3 will be distributed weekly, and the distribution amount will be determined based on the contribution of time-weighted TVL for specific weeks. Among them, users who add liquidity to Thetanuts Finance v3 will receive 85% of the distribution quota; long position users will receive 10% of the distribution quota; and short position users will receive 5% of the distribution quota.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deep Dive | September 20th
All the latest updates from the Swell ecosystem, including Swell L2 development and the launch of swBTC.
JASMY Chart Sets Up For Significant Retest That Could Launch the Altcoin Towards a Parabolic Price Pump
Louisiana introduces crypto payment options for state services
Eclipse to launch Solana-compatible Ethereum layer 2 in October