Launch a boost for USDC-ORE?
proP...SqB2
Summary
Should ORE launch a boost incentive for USDC-ORE liquidity?
Overview
Our mission with ORE is to create the best digital gold product in crypto. To accomplish this, we need to drive deep liquidity for ORE across a variety of assets in Solana defi.
USDC is a stablecoin, pegged to the US dollar, and fully-backed by dollars and treasuries held in US banks by Circle. It is one of the lynchpin assets connecting Solana to the traditional financial system. It therefore represents a strategically important market for ORE to target with liquidity incentives.
With the passing of this proposal, we would launch a USDC-ORE vault on Kamino and set it up with the same boost multiplier as the ORE-SOL Kamino liquidity pair.
Trade Proposal
Status
Passing
Market
$33.34
$31.28
Pass MCap
$5.642M
Fail MCap
$5.294M
Volume
$108.69
Pass Threshold
0%
Liquidity Pool Fee
1%
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