STIP Rewards and PREMIA/OP Vaults are live!

TL;DR: 168,000 ARB tokens are up for grabs!

Author

Weka
July 23, 2024

TL;DR: 168,000 ARB tokens will be emitted on various vaults, including the newly deployed PREMIA & OP vaults for a limited time. Check the proposal here.

Welcome back my friends. Today, I am very excited to be making two important announcements for Premia Blue.

Firstly, the Arbitrum Short-Term Incentives program is back, this time in the form of STIP-bridge and 168,000 ARB tokens allocated to vaults.

Deposit into vaults on Premia to earn extra yield in the form of ARB tokens. It’s that easy!

Secondly, PREMIA & OP vaults are live. Deposit tokens to earn extra rewards — these vaults are also incentivized by the STIPb!

Incentives are back, baby — welcome to the Arbitrum STIPb!

What vaults are getting extra rewards? How much rewards are there? When do they end?

Timeline:

  • Start: July 23rd

  • End: September 16th

Details for Incentivized Vaults:

  • WETH/USDCe Covered Call Vault: 30,000 ARB

  • WETH/USDCe Cash-Secured Put Vault: 30,000 ARB

  • WBTC/USDCe Covered Call Vault: 24,000 ARB

  • WBTC/USDCe Cash-Secured Put Vault: 24,000 ARB

  • ARB/USDCe Covered Call Vault: 18,000

  • ARB/USDCe Cash-Secured Put Vault: 18,000

  • PREMIA/USDCe Covered Call Vault: 7,000 ARB

  • PREMIA/USDCe Cash-Secured Put Vault: 7,000 ARB

  • OP/USDCe Covered Call Vault: 5,000 ARB

  • OP/USDCe Cash-Secured Put Vault: 5,000 ARB

PREMIA & OP vaults are live — earn extra rewards for a limited time!

Time to make your PREMIA and OP tokens work for it, Anon! These newly deployed vaults will yield extra rewards as detailed above for a limited time.

How can I get OP tokens on Arbitrum? I can’t find it on the swap inside Premia!

Look no further than Archetype. Currently, Premia’s in-app swap (Socket) doesn’t support OP tokens on Arbitrum, but the one on Archetype does. So, head on over there Anon — Swap Smarter!

Archetype Swap

Join the next generation of Decentralized Finance with Premia and Archetype

Premia Blue is the first non-custodial options exchange with fully customizable options parameters and risk exposure.

Maximize capital efficiency, define your own risk, and optimize fees earned with Premia Blue on Arbitrum!

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