Proposal: SGR 21: USUALUSDC+ gauge listing request
closed
single-choice proposal detailsGauge Request Presentation:
- Targeted Pair: 0x7a2517768A221b43a639F7f03A88074D9884B398
- IBT contract address: 0xd63070114470f685b75B74D60EEc7c1113d33a3D
- Spectra Wrapped IBT : 0x1B56E30b6efD7cfDe46eE3E29B851b9094D5810B
- Current TVL on in the Pair’s liquidity: $119
- Current TVL as IBT: $51,46M
- Twitter link: Usual, Morpho
- Chain : Ethereum mainnet
Simple summary:
The Usual Boosted USDC Morpho vault curated by MEV Capital Labs is dedicated to providing capital to Usual protocol markets. It gives access to extra incentives from Usual to boost the USDC APR for borrowers. This vault serves stable markets only and ensures very low odds of liquidation while providing good APR from leverage loopers.
Benefit of this integration for Usual 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
Metrics:
The Usual Boosted USDC TVL is currently $51,46M
The current Native APY is 5.43%, it is additionally boosted with MORPHO incentives
Community poll:
- Yes, create a gauge for the USUALUSDC+ pool
- No, do not create a gauge for the USUALUSDC+ pool
Overview
Voting system:single-choice
Start date:2024-09-16
End date:2024-09-19