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Proposal #102

Create new WBTC/XPRT Weighted Pool on Dexter

FailedExecute Contract

Failed on 18 May 2024.

Yes

97.5%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

18 May 2024

The ballotvotes cast · final tally
Yes

97.53%

of votes cast

Abstain

2.47%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Proposal

This proposal suggests creating a new WBTC/XPRT Weighted Pool on Dexter as follows:

Pool Parameters:

  • Pool Type: Weighted Pool

  • Pool Tokens: WBTC, XPRT

  • Token Weights: 50.00% WBTC, 50.00% XPRT

  • Pool Liquidity: 0.008010 WBTC,2050.000000 XPRT

  • Swap Fee: 0.30%

Benefits:

  • Building liquidity for the biggest asset (BTC) on the Persistence chain
  • Increasing alignment with Bitcoin for the chain that will soon be secured by Bitcoin
  • Expanding liquidity opportunities for XPRT paired with BTC
  • Offering new yield opportunities for liquidity providers on Dexter
  • Creating additional trading routes on Dexter

Voting

  • By voting YES you agree with the proposed creation of the new WBTC/XPRT Weighted Pool on Dexter, following the specified details.
  • By voting NO, you disapprove of the proposed pool creation.
  • By voting ABSTAIN, you contribute to the quorum but formally decline to vote either for or against the proposal.
  • By voting NO WITH VETO, you consider this proposal spam, malicious, or harmful and want the depositors penalised by burning their deposit.

Timeline

  1. Submitted13 May 2024
  2. Voting started13 May 2024
  3. Voting ended18 May 2024
  4. Deposit deadline14 May 2024

Proposer

Address
persiste…u3czty
Deposit3.5K

Rules

Not recorded for this proposal.