[DRAFT][GF: Phase 1 Proposal] DefiEdge

Are LP tokens given on deposits unique to every strategy, can my strategy get unique token that is given to depositors

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I would love to see stats and analytics on the token distribution from the previous grant along with how many of those people were 1st time users of the optimism blockchain. As well as the retention rate of those same people who are still holding the tokens they received.

How many of those people have sold and exiting back out of the ecosystem ?

How many have more than doubled their holdings by holding on to them with previous and current price correlation…?

These are things I am curious about and just to clarify what the original comment I made was in response to.

The previous tokens granted to this project were all distributed correct ??

@Gregster looks like he edited his comment. Perhaps he had jumped to conclusions.

@FractalVisions
This is the first time we are applying for the OP grants.

We have currently received the Uniswap OP LM rewards and the rewards are already live on our platform. We have received a boost of more than $7M TVL.

To check the reward pools, please try our platform at:

For details regarding the transactions please find our contract details below.

Chainlink Factory address:

  • Mainnet: 0xa631c80f5F4739565d8793cAB6fD08812cE3337D
  • Optimism: 0x106a524C49b924a92194F6FE4F3Da81c2d42E607
  • Arbitrum: 0x7d55D4FF054f5E2B748Ea2cf0765fbFbA7Ae222F
  • Polygon: 0x49c868A7710BF4d91a77A035324ED34d2886c41C

Twap Factory address:

  • Mainnet: 0xEEFF8227ed1600e59787d9767485ba905f2F07C3
  • Optimism: 0xe1fD038CBe37475fAAb39C9d676D9dAeAA47DA0C
  • Arbitrum: 0x4082c6AEf2cc2e478e624F6ac89dD6E8e0483B90
  • Polygon: 0xf9654B734bf76069B04D7EFD9BF2268691a0Ff00

This week OP-DefiEdge Dune Dashboard will be launched as well so you can see the exact stats.

We have recently been upvoted on DeBank and integrated with Zapper so our metrics can be tracked there as well.

In case you have any specific questions, you can reach out to us on discord, we will be very happy to answer all your queries.

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Awesome :clap: no worries! There may have been some unnecessary confusion earlier in the thread here.

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Yes, the LP tokens are unique to every strategy and these are known as DE Shares and depositors receive this as the share of the pool, these are ERC 20 tokens that are composable and can be added to farms as well and have many more use cases, users can even deposit single sided liquidity to pools on Uniswap V3

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The GUI and the website look good, and the strategies you are introducing it is looking quite fascinating

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Looking forward to amazing APR

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Looks great, i love the clean and simple layout … and those APR’s. Nice job

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thank away support you

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This presents a well-thought-out approach and demonstrates a great plan

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Do you have a Dune analytics page that you can share? Any third party tools to figure out best performing strategies ?

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Yes, our dune dashboard is live and you can check the stats here Optimism Analytics

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We wanted to provide some suggestions to help make this section as strong as possible. These suggestions are optional, and do not necessarily reflect the opinions of anyone other than GFX. Most suggestions are to make the language for milestones clear and unambiguous. The suggestions below are merely to demonstrate what kinds of clarification would make this section stronger, and the applicant obviously knows their protocol and grant plan best.

Milestone 1: Total Value Locked on DeFi Edge strategies is [amount] greater than the amount on the date of grant approval. Total volume on Optimism will is [amount]. Total investors in DeFiEdge strategies on Optimism will be [amount]. If any of these has not occurred by [period of time] after receipt of the first OP tokens, DeFiEdge will submit a revised distribution plan increase the odds of meeting the total goal.

Milestone 2: On the completion of all other milestones, DeFiEdge will submit a brief summary of results to the Grants Council. This should be completed no later than 6 months after receipt of OP tokens, even if some milestones are incomplete.

CC: @DangerExploit

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Thanks for these suggestions @GFXlabs , we’ll include these suggestions and make the milestones strong. @lavande @GrantsOps Are the proposals automatically being considered in the cycle 11 or we have to submit our proposal again

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You should create a new post (v2) for Cycle 11 and link back to this original proposal :slight_smile:

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Hey @GrantsOps @lavande @GFXlabs
Reach and users would mean different things for different protocols. DeFi is generally driven by fewer users but higher liquidity. How would you suggest we highlight/amplify this difference in our proposal going forward?