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Context

[Hidden link] made XPRT the governing token of Dexter, including creating new pools and reward schedules (incentivization) on Dexter.

Following the passing of [Hidden link] to bootstrap Protocol Owned Liquidity with ShadeDAO, this is a Dexter governance proposal to create a new XPRT/SHD weighted pool.

Proposal

Create a new XPRT/SHD pool on Dexter with the following parameters:

• Pool Type: Weighted Pool
• Pool Weightage: 50/50
• Pool Creation Fee: 250 XPRT
• Swap Fees: 0.3%

Benefits

• Efficient way of deepening XPRT liquidity
• New yield opportunity for liquidity providers on Dexter
• Easy trading exposure to Shade Protocol’s native token that empowers its private DeFi suite
• Aligns the Persistence One, Shade Protocol, and broader Secret Network communities

Voting

• By voting YES, you agree with the proposed XPRT/SHD pool creation on Dexter.
• By voting NO, you disagree with the proposed XPRT/SHD pool creation on Dexter.
• By voting NO WITH VETO, you think this is a SPAM proposal, and the proposal’s creator should lose their deposit.
• By voting ABSTAIN, you choose not to participate in this proposal’s voting; however, you contribute to the quorum.