Gains Network Secures 2.25M $ARB from Arbitrum STIP-Bridge Program

Gains Network is thrilled to announce it has secured 2.25 million $ARB in incentives through the Arbitrum STIP-Bridge program. This allocation will enable Gains Network to contribute to the increased adoption of Arbitrum, boost on-chain activities, and encourage innovation in the perpetual DEX space. The 2.25 million $ARB rewards will be distributed across three key categories: trading incentives, liquidity incentives, and the Gains Community Grants Program (GCGP)-Bridge.

1. Trading Incentives (80%)

1.8 million $ARB tokens will be dedicated to trading incentives to boost trading activities on the gTrade platform. The trading incentives will be distributed across three categories:

• Fee Rebates: Traders will earn $ARB as fee rebates based on their trading activity, reducing their trading costs.
• PnL Rewards: Traders can compete with others on the platform based on their PnL performance, boosting their winnings with additional $ARB rewards.
• Loyalty Rewards: To encourage active and consistent participation on the platform, the more days traders trade, the more they earn.

2. Liquidity Incentives (15%)

A total of 337,500 $ARB tokens will be allocated to deepen gToken liquidity and $GNS DEX liquidity. The incentives will be distributed via third-party protocols to deepen liquidity for gTrade’s most-used collaterals: $gUSDC and $gDAI. Additionally, a portion of the $ARB incentives will go towards building robust GNS/WETH DEX liquidity to ensure platform stability, as $GNS is the backstop of gToken liquidity.

3. Gains Community Grants Program (GCGP)-Bridge (5%)

Gains Network will allocate 112,500 $ARB to the inaugural GCGP-Bridge program. This initiative is intended to support builders and innovators in the perp DEX space to integrate with gTrade and drive the adoption of Arbitrum. This marks the first time $GNS token holders and stakers will have the opportunity to vote and participate in selecting grantees, paving the way for a decentralized governance future.

Get Ready for an Action-Packed 12 Weeks

Gains Network is committed to pushing the boundaries of innovation in decentralized trading and contributing to making Arbitrum a premier ecosystem for DeFi activities. With substantial incentives over the course of 11 weeks and a strategic allocation plan, Gains Network is ready to continue leading the way in the perp DEX space.