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[GIP - 255] - USDC Invariant pool request for incentives in $GEAR

Voting ended 5 months agoSucceeded

Summary

This proposal requests the DAO to allocate $7,500 worth of $GEAR as incentives for the USDC lending pool. The incentives aim to continue growing the pool, which has already surpassed $10M in TVL within one month across 4+ launches.

Falcon has committed $10,000 in additional incentives, making this a joint effort to reward liquidity providers and boost traction.

Motivation

The USDC pool has shown strong adoption and demonstrates significant potential for organic growth. Providing $GEAR incentives will:

  • Reward early liquidity providers.
  • Encourage further participation in the USDC pool.
  • Complement Falcon’s $10K incentive contribution.
  • Strengthen overall liquidity depth, improving borrowing and lending efficiency.

Specification

  • Pool: USDC Lending Pool
  • Incentive Token: $GEAR
  • Amount: $7,500 (equivalent in $GEAR at time of distribution)
  • Distribution Period: September 2025
  • Mechanism: Direct allocation via Gearbox incentive module or DAO-approved smart contract.

Rationale / Justification

  • Strong traction: The pool grew to $10M+ in TVL in only a month.
  • Complementary incentives: Falcon contributes $10K, the $GEAR incentive adds additional alignment.
  • Increased liquidity: Higher rewards attract new LPs and maintain current participants.

Proposal: Allocate $7,500 worth of $GEAR to the USDC lending pool as liquidity incentives for September 2025.

Off-Chain Vote

For
230.86M GEAR100%
Against
0 GEAR0%
Abstain
0 GEAR0%
Quorum:115%
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Timeline

Aug 29, 2025Proposal created
Aug 29, 2025Proposal vote started
Sep 01, 2025Proposal vote ended
Sep 01, 2025Proposal updated