Hi all,
Summary below:
Report 34
- IMC continued spending budget cut (by calculating values with artificial 0.005 RPL/ETH ratio)
- ~11.5k of inflows, ~11.2k of outflows
- We collected some rewards from fees on POL positions and used that to further increase POL
- Budgeting summary:
- RPL balance change: Period 34 saw a +7.6% change from ~3.3k RPL to ~3.5k RPL
- Extrapolated months to zero RPL balance: Period 34 shows “-” since we have a balanced budget (slight surplus), and can continue to spend at this rate indefinitely
Budget 35
- Should match period 34 spends, no notable changes planned for now
Data - 1% Price Impact
- Liquidity looks stable on mainnet
- Liquidity on optimism is still relatively higher even though the campaign spends ended last period
Resources
- IMC tracking spreadsheet: IMC tracking - Google Sheets
- IMC RPL tracker: https://dune.com/queries/3209520/5365584
- 1% price impact tracker (assumes RP smart contracts not used): rETH Slippage for IMC