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Sirius FinanceSirius Financeby0x81b2203f1F98d73ce88A6AdA9C6218BC2bE6a6310x81b2…a631

SIP-05: Launch Tri-pool (4SRS, DOT, ASTR) for main assets on Sirius Finance

Voting ended over 3 years agoSucceeded

Description

A Tri-pool is a type of pool which allows different assets to be traded against assets in the base or metapools without diluting its liquidity. By joining 4SRS, you can swap any stablecoin in the 4Pool with other assets, directly from transaction pairs such as USDC/ASTR, USDT/ASTR, USDT/DOT, BUSD/DOT, etc.

Proposal

With Sirius finance being a Polkadot and Astar native dapp, it's essential to have a pool for these main ecosystem assets to enable users farm and trade them easily on Sirius. Therefore we are proposing the launch of a Tri-pool which will consist of 4SRS, DOT and ASTR. Holders of these assets can deposit on Sirius and traders can trade in any of these assets against each other. This pool will finally bring DOT and ASTR to Sirius, make them tradable and farmable, increase liquidity and overall TVL. This proposal seeks to allow the Sirius finance team to launch a Tri-pool with the assets indicated above because of their value proposition.

Kindly vote in favor of this proposal to get this pool launched on Sirius finance. The voting period for this proposal starts at 15 PM UTC July 5th - 15 PM UTC July 6th.

Off-Chain Vote

Agree
184.39K veSRS100%
Against
0 veSRS0%
Abstain
0 veSRS0%
Quorum:1844%
Download mobile app to vote

Timeline

Jul 05, 2022Proposal created
Jul 05, 2022Proposal vote started
Jul 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated