Success Story
impact
+$150M
TVL
+140K
Total number of users
+30
Number of assets incentivized
Challenge

Fuel, is an operating system purpose-built for Ethereum rollups, designed to help developers build decentralized economies at scale. To ensure a successful launch and sustainable growth, Fuel aims to recognize and incentivize meaningful contributors within the ecosystem with a points campaign. The challenge involves not only building an engaging points program but also onboarding various protocols to provide secure and verifiable data that can accurately incentivize various ecosystem DeFi participants.

Fuel used the OpenBlock platform to ingest extensive on-chain data and launch the Fuel Points Program. Five weeks into the program, Fuel has acquired over $150M in TVL, demonstrating its effectiveness, setting the stage for continued growth and sustainability.

key goals
Solution

OpenBlock's Campaign Creation Management platform empowers protocols to effortlessly design incentive campaigns tailored for various ecosystem needs. The platform allows for adaptable campaign management that meet diverse community and protocol needs as they progress through different growth phases while responding to the market conditions. The platform supports a range of campaign actions, including,

  • incentivizing early adoption,
  • dynamically rewarding liquidity provision by asset classes,
  • and boosting active user engagement.

Fuel has leveraged OpenBlock platform’s flexibility to build a tailored points program, driving a strategic head start for the Fuel ecosystem, resulting in over $150M in TVL before the mainnet launch.

Using OpenBlock’s data platform which simplifies the integration of ecosystem-wide data, Fuel is able to ensure open-source collaboration with 30+ partnership protocols. The OpenBlock Data Onboarding and Data API solutions provide seamless data ingestion, pipelining, and incentive deployment that is systematic and verifiable. The OpenBlock platform tracks all protocols, pools, and users within the Fuel ecosystem, analyzing and incentivizing various verticals of DeFi ecosystem such as:

  • DEXs
  • Lending and CDP
  • Perps and Options
  • Prediction Markets

Fuel leveraged OpenBlock platform's advanced data science and analytical dashboards for easy tracking of metrics and activities. These dashboards enable real-time monitoring and informed decision-making, allowing Fuel Foundation to adapt and optimize incentive campaigns as market conditions change. This ensures the effectiveness of programs, supporting sustainable development and long-term growth by directing resources to high-performing verticals, protocols, assets, and pools.

the incentive os
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