Gauge Request Presentation:
- Targeted Pair: 0xbfa08a30f4fb621021e8c89f9f9ce5ca06a16fb1
- IBT contract address: 0xF540D790413FCFAedAC93518Ae99EdDacE82cb78
- Spectra Wrapped IBT : 0x916cD56a5FBBeae186f488F4DB83b00C103B46e7
- Current TVL on in the Pair’s liquidity: $9.7M
- Current TVL as IBT: $9.7M
- Twitter link: Morpho
- Chain : Base
Simple summary:
The 9Summits WETH Core Morpho vault is curated by 9summits and aims to optimize interest earned from lending WETH on various LRT/LST denomitated markets
Benefit of this integration for 9summits and Morpho
- More liquidity
- Increased visibility
- Additional yield opportunities for their community
Benefit of this integration for Spectra
- More yield opportunities for APW holders
- Increase Spectra’s tokenized TVL
- Increased Visibility for Spectra
Metrics:
- The current APY is 0.99% in ETH, 2.75% in MORPHO
- Morpho’s total TVL on Base is $361M
Community poll:
- Yes, create a gauge for the 9SETHc pool
- No, do not create a gauge for the 9SETHc pool