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CarbonswapCarbonswapby0x936a9B2c5b796493fd1a692052Ff1c9eEFCaB6efcrosschainapparel.eth

Establish 3 stablecoin pool (USDC, DAI, USDT) as stable foundation of liquidity for Carbonswap.

Voting ended over 4 years agoSucceeded

In lieu of a Curve Finance protocol or similar on the Energy Web Chain, I propose that Carbonswap Finance launches a pool of 3 stablecoins, namely $USDC, $DAI, and $UDST, to provide a backbone of liquidity support to the entirety of the EWC as it moves forward in development and especially as roadmap milestones like Lending/Borrowing are on the horizon.

This pool will hopefully provide substantial liquidity that will make multi-hop swaps across stablecoins less detrimental from slippage that currently exists. The LPs from this pool will enjoy yield from these multi-hops, but will not need to worry about IL (impermanent loss) since stables are essentially pegged to 1.

Off-Chain Vote

Yes, launch USDC DAI USDT pool
3.07M 99.1%
No change
28.63K 0.9%
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Timeline

Jun 28, 2021Proposal created
Jun 28, 2021Proposal vote started
Jul 09, 2021Proposal vote ended
Oct 26, 2023Proposal updated