Amazing analysis of how @thalesmarket and @OvertimeMarkets leveraged initial OP phase 0 grant. Sharing a quote:.

27 Sep 2023, 13:11
Amazing analysis of how @thalesmarket and @OvertimeMarkets leveraged initial OP phase 0 grant Sharing a quote:

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Thales
ThalesTHALES #3588
Twitter
27 Sep 2023, 18:30
๐—” ๐—ฑ๐—ฒ๐—ฒ๐—ฝ ๐—ฑ๐—ถ๐˜ƒ๐—ฒ ๐—ถ๐—ป๐˜๐—ผ ๐—ง๐—ต๐—ฎ๐—น๐—ฒ๐˜€ ๐—ข๐—ฃ ๐—ด๐—ฟ๐—ฎ๐—ป๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐Ÿ“ Credit to Blueweb, complete analysis available ๐Ÿ“…๐—š๐—ฟ๐—ฎ๐—ป๐˜๐˜€ ๐—ง๐—ถ๐—บ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ Phase 0 Proposal on Aug 7, '22 Phase 1 Proposal on Nov 4, '22 ๐Ÿ“Œ๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ - Grants have been efficiently used to propel Thales mission. - Championing such unique projects is essential for the ecosystem's growth. - Thales' judicious grant distributionโ€”Referral Bonus, Gamified Protocol Rewards, and Liquidity Rewardsโ€”targets optimal protocol expansion. ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ - Thales secured 900,000 OP from the Phase 0 proposal, detailing its allocation as: 495,000 OP for product usage, 315,000 OP for LP Rewards, and 90,000 OP for Builders & Incentives to attract new users. - The team swiftly executed various TIPs in response to the grant. - The report's distribution assessment is based on an illustrated figure linking TIPs to the original proposal's intent. /thalesmarket/status/1707100306742317168/photo/1 Total Inflow into Thales = $1,571,090 Total Outflow from Thales = $1,471,709 The difference is available in the Thales Recipient address. ๐Ÿ“Š ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€ ๐˜›๐˜ฐ๐˜ต๐˜ข๐˜ญ ๐˜๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜“๐˜ฐ๐˜ค๐˜ฌ๐˜ฆ๐˜ฅ Since THALES sought grants, the TVL has seen considerable growth: from $256,168 on 25th May 2022 to $1.27mn by 24th September. While THALES doesn't prioritize a high TVL for its operational goals, if evaluated on this metric, the project stands out positively. /thalesmarket/status/1707100306742317168/photo/2 ๐˜œ๐˜ด๐˜ฆ๐˜ณ ๐˜™๐˜ฆ๐˜ต๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ฐ๐˜ฏ Thales product transactions experienced notable spikes in August 2022 and again in February 2023, correlating with the launch of OP rewards. /thalesmarket/status/1707100306742317168/photo/3 ๐˜—๐˜ณ๐˜ฐ๐˜ต๐˜ฐ๐˜ค๐˜ฐ๐˜ญ-๐˜š๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ง๐˜ช๐˜ค ๐˜”๐˜ฆ๐˜ต๐˜ณ๐˜ช๐˜ค๐˜ด The overall volume of THALES AMM has increased significantly which allows most positions to be liquid for users. The unique model of staking into vaults makes THALES always available for users interested in this market. More info on: ๐˜–๐˜— ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ด ๐˜ฅ๐˜ช๐˜ด๐˜ต๐˜ณ๐˜ช๐˜ฃ๐˜ถ๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ข๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด -Under TIPs 53, 55, & 56, a total of 5,453 unique addresses benefited from the rewards, sourced from transactions via the disperse app and user-activated reward claims. -THALES products display a strong user retention, validating its suitability for diverse reward schemes. /thalesmarket/status/1707100306742317168/photo/4 ๐Ÿ”๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ -The product is amazing and ready for mass adoption, onboarding is super easy & well-explained Thales dedication reflects in their UI, active governance, and top notch documentation. With @OvertimeMarkets Thales aim & cab disrupt the legacy sportsbook industry. Its evident that the grant provided has been used for timely utilization majorly into things that were promised to the Optimism community. ๐Ÿ“• ๐—–๐—น๐—ผ๐˜€๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—บ๐—ฎ๐—ฟ๐—ธ๐˜€ Projects looking to innovate can learn from Thales, especially regarding the efficient use of grants. In challenging market conditions, the grants Thales was awarded has fortified ambition of the users and team. A team that is committed to growing, innovating & serving its community better each day! ๐˜š๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ๐˜ด ๐˜ต๐˜ฐ @optimismFND & @OptimismGov ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜–๐˜ฑ๐˜ต๐˜ช๐˜ฎ๐˜ช๐˜ด๐˜ฎ ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ด ๐˜ณ๐˜ฆ๐˜ค๐˜ฆ๐˜ช๐˜ท๐˜ฆ๐˜ฅ, ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ ๐˜บ๐˜ฐ๐˜ถ ๐˜ต๐˜ฐ ๐˜ฐ๐˜ถ๐˜ณ ๐˜ถ๐˜ด๐˜ฆ๐˜ณ๐˜ด ๐˜ง๐˜ฐ๐˜ณ ๐˜ด๐˜ต๐˜ช๐˜ค๐˜ฌ๐˜ช๐˜ฏ๐˜จ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ถ๐˜ด ๐˜ต๐˜ฉ๐˜ณ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ ๐˜ต๐˜ฉ๐˜ช๐˜ด ๐˜ค๐˜ณ๐˜บ๐˜ฑ๐˜ต๐˜ฐ ๐˜ธ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ณ, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜จ๐˜ข๐˜ช๐˜ฏ ๐˜ข๐˜ญ๐˜ญ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ต๐˜ด ๐˜ช๐˜ด ๐˜ฅ๐˜ถ๐˜ฆ ๐˜ต๐˜ฐ ๐˜‰๐˜ญ๐˜ถ๐˜ฆ๐˜ธ๐˜ฆ๐˜ฃ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ฆ๐˜ฑ ๐˜ข๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด ๐˜ฐ๐˜ง ๐˜–๐˜— ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ตs ๐˜ถ๐˜ด๐˜ข๐˜จ๐˜ฆ.
๐—” ๐—ฑ๐—ฒ๐—ฒ๐—ฝ ๐—ฑ๐—ถ๐˜ƒ๐—ฒ ๐—ถ๐—ป๐˜๐—ผ ๐—ง๐—ต๐—ฎ๐—น๐—ฒ๐˜€ ๐—ข๐—ฃ ๐—ด๐—ฟ๐—ฎ๐—ป๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€. Credit to Blueweb, complete analysis available. ๐—š๐—ฟ๐—ฎ๐—ป๐˜๐˜€ ๐—ง๐—ถ๐—บ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ.
๐—” ๐—ฑ๐—ฒ๐—ฒ๐—ฝ ๐—ฑ๐—ถ๐˜ƒ๐—ฒ ๐—ถ๐—ป๐˜๐—ผ ๐—ง๐—ต๐—ฎ๐—น๐—ฒ๐˜€ ๐—ข๐—ฃ ๐—ด๐—ฟ๐—ฎ๐—ป๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐Ÿ“ Credit to Blueweb, complete analysis available https://t.co/wBlsIObHzj ๐Ÿ“…๐—š๐—ฟ๐—ฎ๐—ป๐˜๐˜€ ๐—ง๐—ถ๐—บ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ Phase 0 Proposal on Aug 7, '22 Phase 1 Proposal on Nov 4, '22 ๐Ÿ“Œ๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ - Grants have been efficiently used to propel Thales mission. - Championing such unique projects is essential for the ecosystem's growth. - Thales' judicious grant distributionโ€”Referral Bonus, Gamified Protocol Rewards, and Liquidity Rewardsโ€”targets optimal protocol expansion. ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ - Thales secured 900,000 OP from the Phase 0 proposal, detailing its allocation as: 495,000 OP for product usage, 315,000 OP for LP Rewards, and 90,000 OP for Builders & Incentives to attract new users. - The team swiftly executed various TIPs in response to the grant. - The report's distribution assessment is based on an illustrated figure linking TIPs to the original proposal's intent. /thalesmarket/status/1707100306742317168/photo/1 Total Inflow into Thales = $1,571,090 Total Outflow from Thales = $1,471,709 The difference is available in the Thales Recipient address. ๐Ÿ“Š ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€ ๐˜›๐˜ฐ๐˜ต๐˜ข๐˜ญ ๐˜๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜“๐˜ฐ๐˜ค๐˜ฌ๐˜ฆ๐˜ฅ Since THALES sought grants, the TVL has seen considerable growth: from $256,168 on 25th May 2022 to $1.27mn by 24th September. While THALES doesn't prioritize a high TVL for its operational goals, if evaluated on this metric, the project stands out positively. /thalesmarket/status/1707100306742317168/photo/2 ๐˜œ๐˜ด๐˜ฆ๐˜ณ ๐˜™๐˜ฆ๐˜ต๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ฐ๐˜ฏ Thales product transactions experienced notable spikes in August 2022 and again in February 2023, correlating with the launch of OP rewards. /thalesmarket/status/1707100306742317168/photo/3 ๐˜—๐˜ณ๐˜ฐ๐˜ต๐˜ฐ๐˜ค๐˜ฐ๐˜ญ-๐˜š๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ง๐˜ช๐˜ค ๐˜”๐˜ฆ๐˜ต๐˜ณ๐˜ช๐˜ค๐˜ด The overall volume of THALES AMM has increased significantly which allows most positions to be liquid for users. The unique model of staking into vaults makes THALES always available for users interested in this market. More info on: https://t.co/8C3I5HDin9 ๐˜–๐˜— ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ด ๐˜ฅ๐˜ช๐˜ด๐˜ต๐˜ณ๐˜ช๐˜ฃ๐˜ถ๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ข๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด -Under TIPs 53, 55, & 56, a total of 5,453 unique addresses benefited from the rewards, sourced from transactions via the disperse app and user-activated reward claims. -THALES products display a strong user retention, validating its suitability for diverse reward schemes. /thalesmarket/status/1707100306742317168/photo/4 ๐Ÿ”๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ -The product is amazing and ready for mass adoption, onboarding is super easy & well-explained Thales dedication reflects in their UI, active governance, and top notch documentation. With @OvertimeMarkets Thales aim & cab disrupt the legacy sportsbook industry. Its evident that the grant provided has been used for timely utilization majorly into things that were promised to the Optimism community. ๐Ÿ“• ๐—–๐—น๐—ผ๐˜€๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—บ๐—ฎ๐—ฟ๐—ธ๐˜€ Projects looking to innovate can learn from Thales, especially regarding the efficient use of grants. In challenging market conditions, the grants Thales was awarded has fortified ambition of the users and team. A team that is committed to growing, innovating & serving its community better each day! ๐˜š๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ๐˜ด ๐˜ต๐˜ฐ @optimismFND & @OptimismGov ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜–๐˜ฑ๐˜ต๐˜ช๐˜ฎ๐˜ช๐˜ด๐˜ฎ ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ด ๐˜ณ๐˜ฆ๐˜ค๐˜ฆ๐˜ช๐˜ท๐˜ฆ๐˜ฅ, ๐˜ต๐˜ฉ๐˜ข๐˜ฏ๐˜ฌ ๐˜บ๐˜ฐ๐˜ถ ๐˜ต๐˜ฐ ๐˜ฐ๐˜ถ๐˜ณ ๐˜ถ๐˜ด๐˜ฆ๐˜ณ๐˜ด ๐˜ง๐˜ฐ๐˜ณ ๐˜ด๐˜ต๐˜ช๐˜ค๐˜ฌ๐˜ช๐˜ฏ๐˜จ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ถ๐˜ด ๐˜ต๐˜ฉ๐˜ณ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ ๐˜ต๐˜ฉ๐˜ช๐˜ด ๐˜ค๐˜ณ๐˜บ๐˜ฑ๐˜ต๐˜ฐ ๐˜ธ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ณ, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜จ๐˜ข๐˜ช๐˜ฏ ๐˜ข๐˜ญ๐˜ญ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ต๐˜ด ๐˜ช๐˜ด ๐˜ฅ๐˜ถ๐˜ฆ ๐˜ต๐˜ฐ ๐˜‰๐˜ญ๐˜ถ๐˜ฆ๐˜ธ๐˜ฆ๐˜ฃ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ฆ๐˜ฑ ๐˜ข๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด ๐˜ฐ๐˜ง ๐˜–๐˜— ๐˜จ๐˜ณ๐˜ข๐˜ฏ๐˜ตs ๐˜ถ๐˜ด๐˜ข๐˜จ๐˜ฆ.