---
type: source
title: "Futardio: Launch a boost for USDC-ORE?"
author: "futard.io"
url: "https://www.futard.io/proposal/GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N"
date: 2024-12-04
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
---

## Proposal Details
- Project: ORE
- Proposal: Launch a boost for USDC-ORE?
- Status: Passed
- Created: 2024-12-04
- URL: https://www.futard.io/proposal/GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N
- Description: Should ORE launch a boost for USDC-ORE liquidity?
- Categories: {'category': 'Dao'}
- Discussion: https://discord.gg/Yft6W4zmeR

## Summary

### 🎯 Key Points  
The proposal aims to launch a USDC-ORE liquidity incentive to enhance liquidity for ORE and establish a USDC-ORE vault on Kamino with a boost multiplier similar to ORE-SOL.

### 📊 Impact Analysis  
#### 👥 Stakeholder Impact  
This initiative will likely benefit liquidity providers and ORE holders by improving trading conditions and market depth for ORE.

#### 📈 Upside Potential  
Increasing liquidity through the USDC-ORE pair could attract more users and investors to the ORE ecosystem, enhancing its market presence.

#### 📉 Risk Factors  
The proposal may expose ORE to market volatility associated with USDC, which could impact the stability of the liquidity provided.

## Content

## Summary
Should ORE launch a boost incentive for USDC-ORE liquidity?

## Overview
Our mission with ORE is to create the best digital gold product in crypto. To accomplish this, we need to drive deep liquidity for ORE across a variety of assets in Solana defi. 

USDC is a stablecoin, pegged to the US dollar, and fully-backed by dollars and treasuries held in US banks by Circle. It is one of the lynchpin assets connecting  Solana to the traditional financial system. It therefore represents a strategically important market for ORE to target with liquidity incentives.

With the passing of this proposal, we would launch a USDC-ORE vault on Kamino and set it up with the same boost multiplier as the ORE-SOL Kamino liquidity pair.

## Raw Data

- Proposal account: `GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N`
- Proposal number: 3
- DAO account: `7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D`
- Proposer: `proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2`
- Autocrat version: 0.3
- Completed: 2024-12-07
- Ended: 2024-12-07
