Gauge Request Presentation:
- Targeted Pair: upLBTC - 0xa88595fdb5898861d371598468a1e9484b33f55f
- IBT contract address: 0x4e2D90f0307A93b54ACA31dc606F93FE6b9132d2
- Current TVL on in the Pair’s liquidity: $22M
- Current TVL as IBT: $35M
- Twitter/Discord links: Twitter | Telegram
- Chain : Base
Simple summary:
Upshift is a digital storefront for on-chain yield, powered by August Digital. It offers retail users simplified access to native (“Lend”) and Partner vaults (“VaaS”).
This proposal aims to add a Gauge for the upLBTC Spectra Pair
The pool for the upLBTC pair is live since 30-12-2024
We’d like to add this pool to Spectra’s gauge system to incentivise liquidity of our PT, as it would enable LP traders to loop the position and YT holders to speculate on the interest rate
Benefit of this integration for the Upshift protocol
- 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:
TVL of Upshift: $296M
TVL of upLBTC: $35M
Community poll:
- Yes, add upLBTC pool to Spectra’s gauge system
- No, don’t add upLBTC pool to Spectra’s gauge system
0
voters