teleo-codex/inbox/archive/2024-12-04-futardio-proposal-launch-a-boost-for-usdc-ore.md
2026-03-11 14:48:45 +00:00

3.1 KiB

type title author url date domain format status tags event_type processed_by processed_date claims_extracted enrichments
source Futardio: Launch a boost for USDC-ORE? futard.io https://www.futard.io/proposal/GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N 2024-12-04 internet-finance data processed
futardio
metadao
futarchy
solana
governance
proposal Rio 2026-03-11
store-of-value DeFi tokens require both stablecoin and crypto-native liquidity pairs because each pair accesses a structurally distinct capital pool
futarchy governance applies to routine DeFi liquidity incentive allocation not only strategic capital formation decisions
none

Proposal Details

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

Key Facts

  • ORE proposal GBQZvZAeW8xUuVV5a9FJHSyttzY5fPGuvkwLTpWLbw6N passed 2024-12-07
  • ORE DAO account: 7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D
  • Proposal used Autocrat version 0.3
  • USDC described as 'fully-backed by dollars and treasuries held in US banks by Circle'
  • USDC-ORE vault launched on Kamino with same boost multiplier as ORE-SOL pair