Thetanuts Finance will distribute 200,000 ARB token rewards to v3 Incentive Alpha test participants

Thetanuts Finance, a on-chain options protocol focusing on altcoins, announced that it will allocate Arbitrum STIP incentives to Alpha test participants for version 3. According to a previous governance proposal, Thetanuts Finance can receive 200,000 ARB as Arbitrum STIP incentives.

The distribution for Alpha test participants for version 3 will be distributed weekly, and the distribution amount will be determined based on the contribution of time-weighted TVL for specific weeks. Among them, users who add liquidity to Thetanuts Finance v3 will receive 85% of the distribution quota; long position users will receive 10% of the distribution quota; and short position users will receive 5% of the distribution quota.