HIP-026 Spooky/Spirit LP Merge

Over the last couple of days we’ve been discussing with the community what can be done with our two LPs, and we’d now like to put it to a vote. Thanks to everyone who participated in the discussions. After evaluating all proposals and feedback, and after extensive conversations with our technical team, we now propose two options.

Note: This will NOT affect the wFTM/HEC pair in any way. We have plans for that LP which will be announced soon.

We currently have two LPs: ⁃ HEC/DAI on SpookySwap ⁃ HEC/USDC on SpiritSwap

These LPs were built from the sale of LP bonds.

NOTE: If you have not already done so, please read the post about the LPs in our announcement channels on Telegram or Discord about the pros and cons of each action.

There will be two options in this vote:

Option 1: ⁃ Remove the SpiritSwap HEC/USDC pool ⁃ Convert the USDC to DAI and combine both the HEC and DAI with the already-existing HEC/DAI LP on SpookySwap

Option 2: ⁃ Take no action, leave both LPs as they are

For reference: ⁃ SpookySwap DAI LP is around $2.5m in HEC and $2.5m DAI ⁃ SpiritSwap USDC LP is around $2.46m in HEC and $2.46m USDC

Vote below.