Redirect $SDL and $SPA Metapool Rewards, launch arbUSDv3 pool

Proposals
#1

This is Tshaw from app.sperax.io and $USDs team.

Summary

Deploy arbUSDv3 pool consisting of $USDs, $USDC and $USDT, redirect $SPA and $SDL incentives from $USDs-arbUSDV2Metapool to arbUSDv3 pool.

Motivation

$USDs metapool has grown to be the largest Arbitrum pool, surpassing all primary pools but at least 2x. The pool now holds over $28M of stablecoin liquidity.

Specification

  • Launch new pool consisting of $USDs, $USDC, $USDT
  • Redirect the remainder of the SDL and SPA rewards from $USDs-metapool to primary pool

Rationale

  • Sperax has removed significant risk: proved ability to attract liquidity to the pool and maintain $USDs peg stability
  • Half of the Metapool pool is contributing to the peg stability and liquidity to competitors like FRAX.
  • Largest stablecoin pool on Arbitrum should be a primary pool not a metapool.

For: Redirect the remaining $SDL and $SPA from $USDs Metapool to arbUSDv3 pool.

Against: Keep $SDL and $SPA distribution on the $USDs Metapool.

  • For
  • Against

0 voters

3 Likes
#2

This is a great plan! USDs pool contributed to the majority of liquidity for Saddle pools on Arbitrum

1 Like
#4

i think too. USDs is contributing to the growth of the saddle ecosystem now.

#5

Awesome idea! USDs is the most liquid token in Saddle on Arbitrum. It should have a primary pool

1 Like
#6

USDs must be a primary pool here