Targeted Pair: gDAI-LP
IBT Contract Address:
0xd85E038593d7A098614721EaE955EC2022B9B91B
PT Contract Address:
0x52552D18C71487D17AD4A0de91185F7BfB222a55
Current TVL in the Pair’s Liquidity: $2,461
Current TVL as IBT: $10,090,352
Twitter/Discord Links:
- Twitter: @GainsNetwork_io
- Discord: Gains Network
Chain: Arbitrum
Simple Summary:
Gains Network is developing gTrade, a decentralized leveraged trading platform with high liquidity efficiency. The platform uses synthetic architecture to achieve capital efficiency, low trading fees, and high leverage on various trading pairs. The gDAI vault, part of the gToken vaults on Gains Network, supports trading liquidity by serving as a counterparty to all trades using DAI as collateral. Earning fees to incentivize stakers.
This proposal aims to add a gauge for the gDAI-LP pair to Spectra’s gauge system to incentivize liquidity of the PT. The pool for the gDAI-LP pair has been live since June 7, 2024.
Benefit of this Integration for Gains Network:
- Additional yield opportunities for the community.
- Offering more stability for the gDAI token with flexibility.
- Increase the TVL of the liquidity pool
Benefit of this Integration for Spectra:
- Increase the tokenized TVL and the AMM TVL
- Diversify the yield possibilities
- Increase Spectra’s visibility
Metrics:
- TVL of Gains Network: $18.47 million deployed on Arbitrum and Polygon (POS)
- TVL of the gDAI vault: $10,090,352
- Community Size:
- Twitter: 60.3k followers
- Discord: 10,365 members
Community Poll:
- Yes, add gDAI-LP pool to Spectra’s gauge system
- No, do not add gDAI-LP to Spectra’s gauge system
