Both Cap Finance and Rage Trade allow for Mugen Finance to diversify its yield sources. This proposal is to set up and vote on the parameters of integrating these strategies into Mugen Finance.
Cap Finance is a zero fee perpetual exchange that allows for users to access trading in a decentralized manner. Its strategy would consist of providing liquidity into their USDC pool.
Rage Trade is also a perpetual exchange that allows for users to gain access to concentrated liquidity, while allowing liquidity providers to put dormant assets to use though additional yield generating strategies. Mugen finance would provide WETH into their tricrypto pool adding additional liquidity for users on their platform, while earning LP fees from Rage and additional yield from Curve Finance.
The percentages following this proposal (if passed) would look like so:
GLP strategy receives 80% of new USDC deposits Cap Finance receives 20% of new USDC deposits Rage Trade Receives 100% of WETH deposits