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:
Same news in other sources
127 Sep 2023, 18:30
๐ ๐ฑ๐ฒ๐ฒ๐ฝ ๐ฑ๐ถ๐๐ฒ ๐ถ๐ป๐๐ผ ๐ง๐ต๐ฎ๐น๐ฒ๐ ๐ข๐ฃ ๐ด๐ฟ๐ฎ๐ป๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐
Credit to Blueweb, complete analysis available
๐
๐๐ฟ๐ฎ๐ป๐๐ ๐ง๐ถ๐บ๐ฒ๐น๐ถ๐ป๐ฒ
Phase 0 Proposal on Aug 7, '22
Phase 1 Proposal on Nov 4, '22
๐๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐
- Grants have been efficiently used to propel Thales mission.
- Championing such unique projects is essential for the ecosystem's growth.
- Thales' judicious grant distributionโReferral Bonus, Gamified Protocol Rewards, and Liquidity Rewardsโtargets optimal protocol expansion.
๐๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
- 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.
๐ ๐ ๐ฒ๐๐ฟ๐ถ๐ฐ๐
๐๐ฐ๐ต๐ข๐ญ ๐๐ข๐ญ๐ถ๐ฆ ๐๐ฐ๐ค๐ฌ๐ฆ๐ฅ
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 ๐๐ด๐ฆ๐ณ ๐๐ฆ๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ
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 ๐๐ณ๐ฐ๐ต๐ฐ๐ค๐ฐ๐ญ-๐๐ฑ๐ฆ๐ค๐ช๐ง๐ช๐ค ๐๐ฆ๐ต๐ณ๐ช๐ค๐ด
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:
๐๐ ๐จ๐ณ๐ข๐ฏ๐ต๐ด ๐ฅ๐ช๐ด๐ต๐ณ๐ช๐ฃ๐ถ๐ต๐ช๐ฐ๐ฏ ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด
-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
๐๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
-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.
๐ ๐๐น๐ผ๐๐ถ๐ป๐ด ๐ฅ๐ฒ๐บ๐ฎ๐ฟ๐ธ๐
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!
๐๐ฑ๐ฆ๐ค๐ช๐ข๐ญ ๐ต๐ฉ๐ข๐ฏ๐ฌ๐ด ๐ต๐ฐ @optimismFND & @OptimismGov ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐๐ฑ๐ต๐ช๐ฎ๐ช๐ด๐ฎ ๐จ๐ณ๐ข๐ฏ๐ต๐ด ๐ณ๐ฆ๐ค๐ฆ๐ช๐ท๐ฆ๐ฅ, ๐ต๐ฉ๐ข๐ฏ๐ฌ ๐บ๐ฐ๐ถ ๐ต๐ฐ ๐ฐ๐ถ๐ณ ๐ถ๐ด๐ฆ๐ณ๐ด ๐ง๐ฐ๐ณ ๐ด๐ต๐ช๐ค๐ฌ๐ช๐ฏ๐จ ๐ธ๐ช๐ต๐ฉ ๐ถ๐ด ๐ต๐ฉ๐ณ๐ฐ๐ถ๐จ๐ฉ ๐ต๐ฉ๐ช๐ด ๐ค๐ณ๐บ๐ฑ๐ต๐ฐ ๐ธ๐ช๐ฏ๐ต๐ฆ๐ณ, ๐ข๐ฏ๐ฅ ๐ข๐จ๐ข๐ช๐ฏ ๐ข๐ญ๐ญ ๐ต๐ฉ๐ฆ ๐ค๐ณ๐ฆ๐ฅ๐ช๐ต๐ด ๐ช๐ด ๐ฅ๐ถ๐ฆ ๐ต๐ฐ ๐๐ญ๐ถ๐ฆ๐ธ๐ฆ๐ฃ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ฅ๐ฆ๐ฆ๐ฑ ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด ๐ฐ๐ง ๐๐ ๐จ๐ณ๐ข๐ฏ๐ตs ๐ถ๐ด๐ข๐จ๐ฆ.
๐ ๐ฑ๐ฒ๐ฒ๐ฝ ๐ฑ๐ถ๐๐ฒ ๐ถ๐ป๐๐ผ ๐ง๐ต๐ฎ๐น๐ฒ๐ ๐ข๐ฃ ๐ด๐ฟ๐ฎ๐ป๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐. Credit to Blueweb, complete analysis available. ๐๐ฟ๐ฎ๐ป๐๐ ๐ง๐ถ๐บ๐ฒ๐น๐ถ๐ป๐ฒ.
๐ ๐ฑ๐ฒ๐ฒ๐ฝ ๐ฑ๐ถ๐๐ฒ ๐ถ๐ป๐๐ผ ๐ง๐ต๐ฎ๐น๐ฒ๐ ๐ข๐ฃ ๐ด๐ฟ๐ฎ๐ป๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐
Credit to Blueweb, complete analysis available
https://t.co/wBlsIObHzj
๐
๐๐ฟ๐ฎ๐ป๐๐ ๐ง๐ถ๐บ๐ฒ๐น๐ถ๐ป๐ฒ
Phase 0 Proposal on Aug 7, '22
Phase 1 Proposal on Nov 4, '22
๐๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐
- Grants have been efficiently used to propel Thales mission.
- Championing such unique projects is essential for the ecosystem's growth.
- Thales' judicious grant distributionโReferral Bonus, Gamified Protocol Rewards, and Liquidity Rewardsโtargets optimal protocol expansion.
๐๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
- 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.
๐ ๐ ๐ฒ๐๐ฟ๐ถ๐ฐ๐
๐๐ฐ๐ต๐ข๐ญ ๐๐ข๐ญ๐ถ๐ฆ ๐๐ฐ๐ค๐ฌ๐ฆ๐ฅ
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 ๐๐ด๐ฆ๐ณ ๐๐ฆ๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ
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 ๐๐ณ๐ฐ๐ต๐ฐ๐ค๐ฐ๐ญ-๐๐ฑ๐ฆ๐ค๐ช๐ง๐ช๐ค ๐๐ฆ๐ต๐ณ๐ช๐ค๐ด
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
๐๐ ๐จ๐ณ๐ข๐ฏ๐ต๐ด ๐ฅ๐ช๐ด๐ต๐ณ๐ช๐ฃ๐ถ๐ต๐ช๐ฐ๐ฏ ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด
-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
๐๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
-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.
๐ ๐๐น๐ผ๐๐ถ๐ป๐ด ๐ฅ๐ฒ๐บ๐ฎ๐ฟ๐ธ๐
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!
๐๐ฑ๐ฆ๐ค๐ช๐ข๐ญ ๐ต๐ฉ๐ข๐ฏ๐ฌ๐ด ๐ต๐ฐ @optimismFND & @OptimismGov ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐๐ฑ๐ต๐ช๐ฎ๐ช๐ด๐ฎ ๐จ๐ณ๐ข๐ฏ๐ต๐ด ๐ณ๐ฆ๐ค๐ฆ๐ช๐ท๐ฆ๐ฅ, ๐ต๐ฉ๐ข๐ฏ๐ฌ ๐บ๐ฐ๐ถ ๐ต๐ฐ ๐ฐ๐ถ๐ณ ๐ถ๐ด๐ฆ๐ณ๐ด ๐ง๐ฐ๐ณ ๐ด๐ต๐ช๐ค๐ฌ๐ช๐ฏ๐จ ๐ธ๐ช๐ต๐ฉ ๐ถ๐ด ๐ต๐ฉ๐ณ๐ฐ๐ถ๐จ๐ฉ ๐ต๐ฉ๐ช๐ด ๐ค๐ณ๐บ๐ฑ๐ต๐ฐ ๐ธ๐ช๐ฏ๐ต๐ฆ๐ณ, ๐ข๐ฏ๐ฅ ๐ข๐จ๐ข๐ช๐ฏ ๐ข๐ญ๐ญ ๐ต๐ฉ๐ฆ ๐ค๐ณ๐ฆ๐ฅ๐ช๐ต๐ด ๐ช๐ด ๐ฅ๐ถ๐ฆ ๐ต๐ฐ ๐๐ญ๐ถ๐ฆ๐ธ๐ฆ๐ฃ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ฅ๐ฆ๐ฆ๐ฑ ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด ๐ฐ๐ง ๐๐ ๐จ๐ณ๐ข๐ฏ๐ตs ๐ถ๐ด๐ข๐จ๐ฆ.