inbox/archive/2024-12-04-futardio-proposal-launch-a-boost-for-usdc-ore.md

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+---
+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