--- 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