Arb Incentives (inactive)
Your questions around the ARB Incentive distribution, answered.
Note: ARB Rewards Program has ended and Rewards have been distributed.
General Queries
What is the Brahma Console ARB Token Redistribution Program?
Brahma Console has received 150K in ARB tokens after the LTIPP vote and is redistributing it back to the community. This distribution aims to onboard power users to a safe and efficient execution environment, allowing users to experience a seamless on-chain flow with Console while using their favorite dApps: Aave, GMX, Pendle, Renzo, and Bebop.
How long will the ARB Token Redistribution Program run?
The program will run for 12 weeks, starting on June 06. There will be 28 epochs, with distributions occurring weekly every Monday.
How will ARB tokens be distributed?
ARB tokens will be distributed directly to users' Console accounts weekly every Monday at 4 PM UTC for the next 12 weeks, starting June 06. Incase of any queries, feel free to check on Discord.
What factors influence the distribution of ARB tokens?
The distribution of ARB incentives will be influenced by user deposits, holding volumes, and the frequency of dApp interactions among other things. You can perform one or all to boost your earnings.
A. Earn 1x ARB when you deposit and hold: ETH, WETH, wBTC, USDC, DAI, USDT, USDCe, ARB
B. Earn 2x ARB when you deposit and hold: Pendle, ezETH, GMX
C. Interact with the below dApps and perform the given tasks, per epoch to secure your boost.
Note: To be eligible, your deposit/position value must exceed 1000 USDC
Can I use multiple dApps to earn rewards?
Yes, users can interact with multiple dApps listed (Aave, GMX, Pendle, Renzo, Bebop) to earn rewards, each with a 2x multiplier on completing the specified tasks. Note it is important to perform all actions, per dApp, to unlock the multipliers.
You may choose to engage with one, more than one, or all dApps to boost your earnings.
Note: On Week 7 of 12, Console users interacting with AAVE will be earning a 4X ARB boost.
⚖️ Earn 2x on Pendle
How is Brahma rewarding Pendle users via Console?
Console Users can access Pendle in-app via Brahma Connect, which is an in-browser plugin that connects the Console account to Pendle.
Users can perform activities and transactions as usual. Alternatively, they can connect with WalletConnect.
Here’s a tutorial to help you get started:
What actions will earn rewards for Pendle users?
Users will be prompted to deposit PENDLE, YT, and PT tokens and interact with Pendle via Brahma Connect.
Rewards will be distributed with a 2x multiplier based on user deposits, holding volumes, and interaction frequency.
👻 Earn 2x on Aave
How is Console rewarding AAVE users via Console?
Console Users can access AAVE in-app via Brahma Connect. Users can perform activities and transactions as usual or connect with WalletConnect.
Here’s a tutorial to help you get started:
What actions will earn rewards for AAVE users?
Users will be prompted to perform lending automation on AAVE v2/v3 from within the Console dashboard. Rewards will be distributed with a 2x multiplier based on user deposits and holding volumes.
🫐 Earn 2x on GMX
How is Console rewarding GMX users via Console?
Console Users can access GMX in-app via Brahma Connect. Users can perform activities and transactions as usual or connect with WalletConnect.
Here’s a tutorial to help you get started:
What actions will earn rewards for GMX users?
Users will be prompted to deposit GMX, GLP, and GM tokens and interact with GMX via Brahma Connect. Rewards will be distributed with a 2x multiplier based on user deposits, holding volumes, and interaction frequency.
🟢 Earn 2x on Renzo
How is Console rewarding Renzo users via Console?
Console Users can access Renzo in-app via Brahma Connect. Users can perform activities and transactions as usual or connect with WalletConnect.
Here’s a tutorial to help you get started:
What actions will earn rewards for Renzo users?
Users will be prompted to deposit ezETH and interact with Renzo via Brahma Connect. Rewards will be distributed with a 2x multiplier based on user deposits, holding volumes, and interaction frequency.
📈 Earn 2x on Bebop
How is Console rewarding Bebop users via Console?
Console Users can access Bebop in-app via Brahma Connect. Users can perform activities and transactions as usual or connect with WalletConnect. Also, note Bebop is integrated as a route during native Console swaps.
Here’s a tutorial to help you get started:
What actions will earn rewards for Bebop users?
Users will be required to perform swap actions in Console via Bebop exclusively to earn the multiplier. Bebop has been added as a route within the swap action. Rewards will be distributed with a 2x multiplier based on user deposits, holding volumes, and interaction frequency.
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