Simple Summary:

dlcBTC is a wrapped Bitcoin token on Ethereum, designed to provide BTC holders with DeFi yields while maintaining their BTC exposure.

The fdlcBTC-WBTC Curve LP Vault (via Harvest Finance) is an LP position on Curve where dlcBTC is being used to incentivize LPs and auto compounded by Harvest Finance.

We propose adding a Gauge for the dlcBTC-WBTC LP Spectra Pair, to incentivize liquidity. This will enhance liquidity for users wanting to either long the dlcBTC yield or lock in their gains.

Benefits for Origin Protocol:

• Additional Yield: More yield opportunities for dlcBTC holders.

• Increased TVL: Boost in TVL for the liquidity pool.

• Project Visibility: Enhanced visibility within the DeFi space.

Benefits for Spectra:

• Higher TVL: Increase in tokenized and AMM TVL.

• Yield Diversification: Broader yield options for users.

• Platform Visibility: Greater exposure for Spectra.

• Bribe Opportunities: Potential for bribes to benefit APW token holders.

Metrics:

• dlcBTC TVL: $2.5M (~42.8 BTC) ARB CA: 0xd20ab8a3f61001e8b9ebe2a39b85d5b2c232b040

Community Stats:

• Twitter: 4.4k followers

• Discord: 732 members

• Telegram: 282 members

This proposal aims to strengthen both the dlcBTC and Spectra ecosystems, offering mutual benefits through enhanced liquidity and visibility.