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Hermes ProtocolHermes Protocolby0xc1DaC41a18e8262eDb5e8D0ade4B1B2aa2260c4F0xc1Da…0c4F

[HIP-41] Add Swell WETH Gauge

Voting ended about 1 year agoSucceeded

Introduction

This proposal introduces a new gauge for the WETH (Swell) / WETH (Arb) pair to bridge our existing liquidity pools with the emerging Swell chain ecosystem. Establishing this gauge is the first step towards integrating Swell into our liquidity system.

Gauge to be added:

  • WETH (SWELL) / WETH 0.05% ( Min Width: 10)

Strategic Alignment

  • Establishing Connectivity with Swell: Establishing a direct liquidity pathway between Swell chain and our primary liquidity pools.
  • Initial Gauge Structure: This will be the first of several Swell Gauges being proposed.

Gauge Performance Analysis

This gauge will be our system's initial liquidity avenue to and from Swell Chain.

Market Impact Analysis

In summary, this proposal lays the groundwork for robust liquidity integration with Swell chain by introducing the first gauge, WETH (Swell) / WETH (Arb).

Calldata: 0x5d6b2a9d0000000000000000000000001f98431c8ad98523631ae4a59f267346ea31f98400000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000020000000000000000000000000000000000000000000000000000000000000000a

Off-Chain Vote

Yay
11.6M bHermes-Votes100%
Nay
0 bHermes-Votes0%
Quorum:419%
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Discussion

Hermes Protocol[HIP-41] Add Swell WETH Gauge

Timeline

Mar 14, 2025Proposal created
Mar 14, 2025Proposal vote started
Mar 17, 2025Proposal vote ended
Mar 17, 2025Proposal updated