Unveiling Solv’s ARB STIP Distribution Plan

In October 2023, Solv participated in Round 1 of the Arbitrum Short-term Incentive Programme (“STIP”). We ultimately achieved quorum with >108mm “For” votes to bring decentralized asset management to Arbitrum. As part of the Proposal to Backfund Successful STIP Proposals in November 2023, we became eligible to receive 150,000 $ARB.
We are excited to introduce Solv’s ARB STIP Distribution Plan. This program aims to encourage users to explore and take advantage of the native yield opportunities available on the high-speed @Arbitrum layer-2 blockchain.

Overview

We will be rewarding all investments on Solv-Arbitrum from January 1st to March 29th, 2024.
Eligibility and Distribution Details:

• These Vaults on Solv Arbitrum are eligible for incentives

• ARB will be allocated proportionally among users based on their cumulative daily holdings across vaults on Arbitrum.

Please note that there is a threshold of 0.1 ARB to qualify for the airdrop.

• ARB incentives will be airdropped directly to Solv vault investors after the completion of each epoch, with the first distribution scheduled for March 5th.
• We’ll let you know the exact total reward amount for the investments made between January 1st and February 20th at a later date.

Empowering the Arbitrum Ecosystem

Arbitrum was the starting point for Solv to build native yield assets. Professional fund managers have captured high-quality yield sources on Arbitrum like GMX and MUX, and built 8 vaults based on Delta-Neutral Strategies on Solv’s decentralized architecture. Over 10,000 global users are now generating flexible, robust and institutional-grade yields on their BTC, ETH and stablecoins through Solv.
As the largest decentralized asset management platform, Solv has achieved $95.2 million TVL on the Arbitrum and will continue launching more assets to provide native yield opportunities based on trading strategies in this thriving DeFi ecosystem. Solv remains committed to delivering value to our user community that has supported our growth from the beginning.
We thank the Arbitrum Foundation for their continued endorsement, our valued users for their investments, and look forward to strengthening the Arbitrum ecosystem through thoughtful initiatives like this rewards program. Solv remains committed to delivering best-in-class products and service.

About Solv

Officially launched in 2023, Solv has pioneered the construction of a trustless fund infrastructure based on ERC-3525. It also achieved decentralized collaboration between trusted institutions to offer transparent, non-custodial DeFi risk control. It allows global investors to access varied, trusted crypto investments on one transparent and secure platform, and empowers excellent fund managers to efficiently raise capital and build on-chain credibility.

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