[SGR] sDOLA Gauge on Ethereum

Gauge Requests (SGR)
1

SGR Template (Gauge listing request)

Gauge Request Presentation:

Simple summary:

Inverse Finance is an on-chain decentralized autonomous organization that develops and manages a suite of permissionless and decentralized financial products using blockchain smart contract technology. Originally founded by Nour Haridy in late 2020, the protocol is now governed by Inverse Finance DAO, a collective of crypto enthusiasts.

Inverse Finance’s main products are:

  • FiRM, a fixed-rate lending market
  • DOLA, a debt-backed stablecoin pegged to the US Dollar
  • sDOLA, yield-bearing version of the DOLA stablecoin
  • DBR, a new DeFi primitive that enables holders to service a DOLA loan on FiRM.

This proposal aims to add a Gauge for the sDOLA Spectra Pair
The pool for the sDOLA pair is live since Jan 6th.

We’d like to add this pool to Spectra’s gauge system to incentivise liquidity of our PT, as it would enable the yield of sDOLA to be traded and speculated on.

Benefit of this integration for Inverse Finance DAO

  • Additional yield opportunities for the community or the protocol treasury
  • Increase the visibility of the project
  • 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
  • bribes for APW token holders

Metrics:

FiRM TVL: $116m
DOLA circ: $107m
sDOLA TVL: $7.3m

Means:

Inverse Finance TWG will incentives the pool

Community poll:

  • Yes, add sDOLA pool to Spectra’s gauge system
  • No, do not add sDOLA to Spectra’s gauge system
  • Yes, add sDOLA pool to Spectra’s Gauge system
  • No, do not add sDOLA to Spectra’s gauge system
0 voters
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