SGR 124 - wUSDN Gauge

Gauge Request Presentation:

Targeted Pair: wUSDN-LP

Pool Contract Address: 0xd0aad31c66b459a37f306c19c11c7a9b0654c1fa

Maturity: January 12, 2027 (365 days)

App: https://smardex.io/usdn/vault

Chain: Ethereum

Current TVL: $270 (pool will be seeded with initial liquidity soon)

Current APY: 8.18%

Underlying Asset: USDN

Pool Composition: IBT 53.47%, PT 46.52%

PT Fixed Rate: 6.28%

Swap Fee: 0.30%

Simple Summary:

This proposal aims to add a gauge for the new wUSDN pool on Spectra on Ethereum mainnet. This continues the gauge support from the previous wUSDN pool, now with an extended 365-day maturity to enable longer-term incentives and attract greater TVL.

Motivation:

The previous wUSDN pool received approximately $23k in SDEX bribes, which helped build liquidity. To build on this success, we’ve created a new pool with a 365-day maturity. This longer horizon is designed to attract higher volumes of bribes over an extended period, encouraging more sustained participation from liquidity providers and ultimately driving higher TVL. The pool will soon be seeded with initial liquidity to kickstart activity.

Specification:

Add the wUSDN pool (contract address: 0xd0aad31c66b459a37f306c19c11c7a9b0654c1fa) to Spectra’s gauge system on Ethereum.