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Sirius FinanceSirius Financeby0x32444Db1e27a2997E166C42fD5162117225853f40x3244…53f4

SIP-02: Proposal for the Sirius Finance team to launch a Starlay Pool

Voting ended almost 4 years agoSucceeded

A Starlay pool on Sirius finance is simply a pool where Starlay liquidity providers can stake their liquidity pool tokens to earn extra rewards from Sirius finance

Proposal: To increase the number of pools and provide the users a good number of farming or staking options, I am proposing that the Sirius Finance team should launch a Starlay Pool which will be called Starlay 4Pool comprising of the following stablecoins: USDC, USDT, DAI and BUSD. The corresponding LP token for this pool will be named s4SRS which holders can stake to earn SRS rewards hence creating another yield avenue for Starlay LPs, increased activity and TVL for Sirius Finance. By launching this pool, users can be able to swap Starlay's IDAI, IBUSD, IUSDT and IUSDC for DAI, BUSD, USDT and USDC respectively on Sirius Finance with very low slippage. The voting period for this proposal starts at 00:00 UTC (12th May 2022) and ends on 15th May 2022 at 00:00 UTC.

Off-Chain Vote

Agree
15.88K veSRS77.6%
Against
4.58K veSRS22.4%
Abstention
0 veSRS0%
Quorum:205%
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Timeline

May 11, 2022Proposal created
May 12, 2022Proposal vote started
May 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated