With nearly 2x in TVL, a substantial increase in daily average users, and transaction volume throughput several degrees higher, Balancer's $ARB STIP was a huge success!

Balancer's core pool and incentive optimization algorithm allowed the protocol to deepen liquidity in unique pool types that play a pivotal role on both the DEX and @arbitrum network.

Offering LP's innovative rate provider tech, only on Balancer can users rest assured that LST yield will not be arbitraged away by diverging asset prices. #ve8020 pools and composable stable coin pairs also lead the charge of unique liquidity growth on Balancer.

The last STIP rounds end with the highest average TVL for an epoch of just under 168MM TVL, with roughly a 10% utilization for swap volume across all pools.

For transparency, all Balancer $ARB STIP stats continue to be tracked via a @DuneAnalytics dashboard for all those looking for deeper insights.

https://dune.com/balancer/arbitrum-lgp

The DAO looks forward to future opportunities to work with the Arbitrum Foundation and the community to grow healthy, sustainable liquidity for the network.

Thank you to the community and everyone involved from all sides. 💛 💙