--- type: decision entity_type: decision_market name: "ORE: Launch a boost for USDC-ORE?" domain: internet-finance status: passed parent_entity: "[[ore]]" platform: "futardio" proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2" proposal_url: "https://v1.metadao.fi/ore/trade/GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N" proposal_date: 2024-12-04 resolution_date: 2024-12-07 category: "mechanism" summary: "Launch USDC-ORE liquidity boost via Kamino vault at same multiplier as ORE-SOL, positioning USDC as strategic liquidity pair" tracked_by: rio created: 2026-03-24 --- # ORE: Launch a boost for USDC-ORE? ## Summary ORE approved launching a USDC-ORE liquidity boost incentive, creating a Kamino vault with the same boost multiplier as the ORE-SOL pair. The proposal positions USDC as a strategically important market for ORE's liquidity network, connecting ORE to the traditional financial system through Circle's dollar-backed stablecoin. ## Market Data - **Outcome:** Passed - **Proposal Account:** GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N - **Proposal Number:** 3 - **DAO Account:** 7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D - **Duration:** 2024-12-04 to 2024-12-07 ## Significance Third ORE futarchy proposal, expanding the liquidity network from crypto-native pairs (SOL, ISC, HNT) to stablecoins. Positions ORE as a bridge between DeFi and traditional finance on Solana. ## Relationship to KB - [[ore]] — parent entity, liquidity strategy - [[futardio]] — governance platform ## Full Proposal Text *Source: futard.io, tabled 2024-12-04* Should ORE launch a boost incentive for USDC-ORE liquidity? 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.