Current programs

All Vault LP programs currently running on Arbitrum

Below are the active LP programs launching on December 23rd, 2024, and running for one month until January 23rd, 2025. Each program has a budget of 600,000 MGV tokens.

Trading Pair
Vault Address
Reward Rate

ARB-USDC

0x1708...8402

~0.01 MGV per $ per day

WETH-USDC

0x533f...0cC1

~0.01 MGV per $ per day

WBTC-USDT

0xD972...4B7B

~0.01 MGV per $ per day

weETH-WETH

0x1700...b12a

~35 MGV per ETH per day*

USDC-USDT

0xa99C...C19D

~0.01 MGV per $ per day

*Note: For the weETH-WETH pair, a static value of 3500 USD per ETH is used for reward calculations. This means the reward rate is effectively around 35 MGV per ETH (not per dollar) per day.

Program Design Rationale

The reward rate of approximately 0.01 MGV per dollar per day has been carefully chosen to:

  • Provide meaningful incentives for liquidity providers

  • Ensure sustainable distribution of rewards throughout the program duration

  • Create a balanced reward structure across different trading pairs

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