📝 Uniswap Arbitrum Liquidity Mining Full Program Retro
Today, we published an in-depth report and analysis outlining our Uniswap Arbitrum liquidity mining campaign results.
The campaign's goal was to explore the potential of a self-sustaining flywheel effect by incentivizing liquidity, improving price execution, and increasing volume market share on various Uniswap pools. To accomplish this, we strategically deployed 1.8M ARB tokens (~$1.7M USD at the time of commitment).
The high-level results were positive
• $15.5M in market share-adjusted TVL added to targeted pools during the program
• $10.6M of TVL maintained in targeted pools post-incentives
• $9.11 of TVL added per $1 of incentives during the program
• $5.99 of TVL added per $1 of incentives post-incentives
Volume and fees also increased significantly
• $823M in market share-adjusted volume added during the program, equating to $259 of volume added per $1 spent
• $318M in volume maintained post-incentives, reflecting $119 per $1 spent
• $725K in market share-adjusted LP revenue
• $114K in LP revenue maintained post-incentives, amounting to $1.37M in projected LP fees over the next 12 months.
• $187 in additional volume for every $1 spent on incentives
Takeaways and next steps
Alongside strategies like Protocol-Owned Liquidity (POL), Liquidity Mining (LM) remains a vital tool in our arsenal for enhancing onchain liquidity. LM provides significant leverage by bootstrapping a large amount of liquidity and TVL relative to the amount of dollars spent in the short term.
We will apply these learnings and strategies to future LM efforts. This combination of strategies enables us to effectively achieve these incentive programs' goals and maximize their impact. We are currently supporting the @arbitrum UADP/LTIPP incentivization program, where select pools will systematically be allocated incentives to encourage TVL growth.
Read our full report below 👇
Today, we published an in-depth report and analysis outlining our Uniswap Arbitrum liquidity mining campaign results.
The campaign's goal was to explore the potential of a self-sustaining flywheel effect by incentivizing liquidity, improving price execution, and increasing volume market share on various Uniswap pools. To accomplish this, we strategically deployed 1.8M ARB tokens (~$1.7M USD at the time of commitment).
The high-level results were positive
• $15.5M in market share-adjusted TVL added to targeted pools during the program
• $10.6M of TVL maintained in targeted pools post-incentives
• $9.11 of TVL added per $1 of incentives during the program
• $5.99 of TVL added per $1 of incentives post-incentives
Volume and fees also increased significantly
• $823M in market share-adjusted volume added during the program, equating to $259 of volume added per $1 spent
• $318M in volume maintained post-incentives, reflecting $119 per $1 spent
• $725K in market share-adjusted LP revenue
• $114K in LP revenue maintained post-incentives, amounting to $1.37M in projected LP fees over the next 12 months.
• $187 in additional volume for every $1 spent on incentives
Takeaways and next steps
Alongside strategies like Protocol-Owned Liquidity (POL), Liquidity Mining (LM) remains a vital tool in our arsenal for enhancing onchain liquidity. LM provides significant leverage by bootstrapping a large amount of liquidity and TVL relative to the amount of dollars spent in the short term.
We will apply these learnings and strategies to future LM efforts. This combination of strategies enables us to effectively achieve these incentive programs' goals and maximize their impact. We are currently supporting the @arbitrum UADP/LTIPP incentivization program, where select pools will systematically be allocated incentives to encourage TVL growth.
Read our full report below 👇
@Uniswap Read more about our Arbitrum UADP/LTIPP incentivization program here: forum.arbitrum.foundation/t/uniswap-ltip…
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