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Proposal

This proposal suggests creating a new HUAHUA/stkHUAHUA Metastable Pool on Dexter as follows:

Pool Parameters:

• Pool Type: Metastable Pool

• Pool Tokens: HUAHUA, stkHUAHUA

• Token Weights: 50.00% HUAHUA, 50.00% stkHUAHUA

• Pool Liquidity: 2254694.698750 HUAHUA,2253500.220741 stkHUAHUA

• Swap Fee: 0.30%

• Max Spread: 10.00%

• Amp Factor: 50

• Scaling Factor: HUAHUA - 1.00,stkHUAHUA - 1.00

Reward Schedule:

• PSTAKE incentives: 20000.00 PSTAKE starting from 27/03/2024 to 27/04/2024

Additional Message:

Benefits

• stkHUAHUA is the first Memecoin Liquid Staked Token and will have its liquidity base on Dexter in Cosmos.

• Dexter’s Metastable pool efficiency is expected to give the best swap rates for stkHUAHUA, increasing trading activity.

• stkHUAHUA provides another LST yield opportunity through swap fees and other incentives on Dexter.

• Liquidity Providers will suffer minimal Impermanent Loss as both tokens are very closely tied to each other.

• stkHUAHUA utility on Persistence One will onboard the Chihuahua community, one of the very active communities.

Voting

• By voting YES you agree with the proposed creation of the new HUAHUA/stkHUAHUA Metastable 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.