[SGR] SuperETH (July 31) Gauge Listing Request

Gauge Request Presentation:

Simple summary:

This proposal aims to add a Gauge for the SuperETH Spectra pair. The pool for the SuperETH pair has been live since April 28, 2025 and matures on July 31, 2025.

SuperETH previously had a Gauge added for its prior Spectra pool which launched in February 2025 and expired on April 20, 2025. SuperETH TVL has grown from $500k in February to over $13M today. This new SuperETH pool is the first Spectra pool to utilize the new Spectra AMM.

Superform is the onchain wealth app. Superform earns you the best returns on your crypto to grow your onchain wealth. SuperETH optimizes ETH returns across blue-chip lending protocols on Ethereum (Morpho and Euler) by automatically rebalancing between vaults using predictive onchain data. Audited by yAudit, leading security researchers, and secured by Yearn v3.

The 30 day APY for SuperETH is 7.72%. LPs and YTs earn 50x Superform Points. For comparison, regular deposits into SuperETH earn 20x Superform Points. LPs and YTs also earn rewards from the vault(s) that SuperETH allocates to. Currently LPs and YTs earn rEUL tokens at a rate of 4.04% APY.

We’d like to add this pool to Spectra’s Gauge system to incentivize liquidity of our PT. The benefits to Superform and Spectra are listed below:

Benefit of this integration for Superform

  • Increase the TVL of SuperETH and the Superform protocol
  • Additional yield and points farming opportunities for the community
  • Increase the visibility of Superform
  • Superform users can lock in a high fixed APY on ETH with PTs and speculate on ETH lending rates

Benefit of this integration for Spectra

  • Increase Spectra TVL
  • Diversify the offerings on Spectra with a high yield ETH market
  • Increase Spectra’s visibility
  • Bribes for SPECTRA token holders

Metrics:

  • TVL of Superform: $147M
  • TVL of SuperETH: $13.4M
  • APY of SuperETH: 7.72%
  • Community size on Discord: 50,000
  • Twitter followers: 123,000

Means:

  • Superform is prepared to offer regular bribes for veSPECTRA holders
  • LPs and YTs are incentivized with 50x Superform Points

Community Poll:

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