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[ GIP#2 ] Which liquidity pools for LP staking

Voting ended over 3 years agoSucceeded

If proposal GIP#1 passed.

Uniswap is a decentralized exchange protocol built on the Ethereum blockchain. One of the key features of Uniswap is the use of liquidity pools to enable the exchange of tokens. These liquidity pools are comprised of pairs of tokens, with one token acting as the "input" token and the other as the "output" token.

When it comes to liquidity pools that include ETH and stablecoins, there are a few key differences to consider. For one, the volatility of ETH means that the value of the liquidity pool can fluctuate more than a pool that only includes stablecoins. This can be both a positive and a negative, as it can lead to potential gains but also greater risk. Additionally, the inclusion of ETH in the liquidity pool can potentially attract more users and liquidity, as ETH is a widely used and well-known cryptocurrency.

One potential advantage of a liquidity pool that includes stablecoins is that it can provide more stability and predictability. Because stablecoins are pegged to a specific asset, such as the US dollar, their value is less likely to fluctuate in the same way that ETH can. This can make it easier for users to understand the value of the liquidity pool and make more informed decisions when using it.

Overall, the decision to use a liquidity pool that includes ETH and stablecoins will depend on an individual's risk tolerance and investment strategy. It's important to carefully consider the potential benefits and drawbacks before making a decision.

Which LP pair do you prefer ?

Off-Chain Vote

GF-ETH
13.05M GF, sGF79.7%
GF-USDC
2.33M GF, sGF14.2%
GF-USDT
987.65K GF, sGF6%
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Discussion

GuildFi[ GIP#2 ] Which liquidity pools for LP staking

Timeline

Dec 07, 2022Proposal created
Dec 07, 2022Proposal vote started
Dec 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated