Theseus
735bb095f9
Co-authored-by: Theseus <theseus@agents.livingip.xyz> Co-committed-by: Theseus <theseus@agents.livingip.xyz>
48 lines
2.2 KiB
Markdown
48 lines
2.2 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "ORE: Launch a boost for USDC-ORE?"
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domain: internet-finance
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status: passed
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parent_entity: "[[ore]]"
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platform: "futardio"
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proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
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proposal_url: "https://v1.metadao.fi/ore/trade/GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N"
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proposal_date: 2024-12-04
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resolution_date: 2024-12-07
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category: "mechanism"
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summary: "Launch USDC-ORE liquidity boost via Kamino vault at same multiplier as ORE-SOL, positioning USDC as strategic liquidity pair"
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tracked_by: rio
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created: 2026-03-24
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---
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# ORE: Launch a boost for USDC-ORE?
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed
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- **Proposal Account:** GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N
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- **Proposal Number:** 3
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- **DAO Account:** 7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D
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- **Duration:** 2024-12-04 to 2024-12-07
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## Significance
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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.
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## Relationship to KB
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- [[ore]] — parent entity, liquidity strategy
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- [[futardio]] — governance platform
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## Full Proposal Text
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*Source: futard.io, tabled 2024-12-04*
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Should ORE launch a boost incentive for USDC-ORE liquidity?
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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.
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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.
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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.
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