Day 3 of Arbitrum incentives. The top user currently is on track to make a return of 34,333%. from trading on UniDex.

04 Aug 2023, 00:47
Day 3 of Arbitrum incentives! The top user currently is on track to make a return of 34,333%! from trading on UniDex 🔥 That's a yield return of 34,333% from just making trading on Arbitrum. How is the yield 34,333% you ask? so far the top volume trader has $38.66 in fees with around $39 in PnL. Because they represent 66% of total volume, they're on track to get 66% of the $20,000 USDC incentive program! Thats $38.66 paid in fees and receiving $13,314 or 34,333%! On the other hand, Poolers of also got $11.59 of fees paid to them indirectly too. Poolers are getting effectively $6000 of fee rewards subsidized by the arbitrum airdrop! Currently the highest volume collateral pairs make up USDC.e and ETH.