It's time for a summup of Cycle 4 voting round and tell you the #DeFi protocols that just won $OP grant, and how you can benefit from them.
Let's see the winners of Cycle 4 🎉🎉
1/ @QiDaoProtocol : Got 750k $OP. 80% will be given to users:- 20% to reward borrowers- 60% to incentivize $MAI liquidity on Optimism throughI remind you that $OP rewards are backed 1:1 in $MAI incentives! DYOR!! or make your own calculation MYOC!! But see what you can get:
2/ @beefyfinance: Finally, after 2 against voting round, the protocol manages to update the proposal to get that grant. It's gonna be 650k $OP which 35% will go to incentivize $BIFI liquidity and 50% to boost farm of native protocols of #Optimism
3/ @Rocket_Pool has been granted 600k $OP spread as follows:- 70% $OP - A main @beethoven_x $rETH/ $WETH pool- 30% $OP - @VelodromeFi $rETH/ $WETH pair$rETH being the proof of deposit of your staer $ETH, very similar as the $stETH from @LidoFinance
4/ @boardroom_info: A new dashboard and APP to find, select and delegate your $OP. Granted 100k $OP shared between $OP holders that delegate or re-delegate through the APP.
5/ A JV between @xtokenterminal & @GammaStrategies: protocols built on top of @Uniswap V3 has been granted 900k $OP. The total will be used to incentivize #DeFi solutions across xToken Terminal, Gamma Strategies, and UniswapV3Staker on $WETH/ $OP Liquidity Pool.
6/ Finally, in case you missed one of the biggest news on #Optimism this week, @AaveAave
got as Phase 0 grant programm a total of 5.3m of $OP 🔥🔥
This is the end of Round 4 voting.