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Proposal #93

Create new stkXPRT/XPRT Metastable Pool on Dexter

PassedExecute Contract

Passed on 15 Apr 2024 with 97.6% of the votes for yes.

Yes

97.6%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

15 Apr 2024

The ballotvotes cast · final tally
Yes

97.59%

of votes cast

Abstain

2.41%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Proposal

This proposal suggests creating a new stkXPRT/XPRT Metastable Pool on Dexter as follows:

Pool Parameters:

  • Pool Type: Metastable Pool

  • Pool Tokens: stkXPRT, XPRT

  • Pool Liquidity: No liquidity provided

  • Swap Fee: 0.30%

  • Max Spread: 10.00%

  • Amp Factor: 50

  • Scaling Factor: stkXPRT - 1.00,XPRT - 1.00

Benefits:

  • New XPRT liquidity on Dexter
  • stkXPRT/XPRT pool will support Superfluid LP feature that will allow natively staked XPRT to be converted to stkXPRT-XPRT LP bonded position in a single click
  • Dexter's Metastable pool efficiency is expected to give best swap rates for stkXPRT, increasing trading activity
  • Liquidity Providers will suffer minimal Impermanent Loss as both the tokens are very closely tied to each other
  • Dexter will become the base for stkXPRT liquidity

Voting

  • By voting YES you agree with the proposed creation of the new stkXPRT/XPRT 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.

Timeline

  1. Submitted10 Apr 2024
  2. Voting started10 Apr 2024
  3. Voting ended15 Apr 2024
  4. Deposit deadline11 Apr 2024

Proposer

Address
persiste…u3czty
Deposit3.5K

Rules

Not recorded for this proposal.