- 100% of the grant will be used to incentivize the $USDC lending pool, which is exclusive for GM leverage vaults, and GM delta-neutral leverage vaults later.
- The grant will be distributed across 12 weeks, with equal portions each week. Lenders will get a time-averaged portion of the $ARB rewards based on the lending capital they deposit.
- The grant is designed to attract at least an additional $5 million to GM pools by providing incentives for the $USDC Lending pool. This includes an extra $ARB APR of 10% to motivate and reward lenders for their participation.