SGR 62: stS

Gauge Request Presentation:

• Targeted Pair: 0xb2b0b641af3efbb495837323f74d962c534c1f51
• IBT contract address: 0x248f43b622ce2f35a14db3fc528284730b619cd5
• Current TVL on in the Pair’s liquidity: $347,656
• Current TVL as IBT: $98.88m
• Beets Twitter: https://x.com/beets_fi
• Beets Discord: beets.fi/discord
• Chain: Sonic

Simple summary:

Beets is the premier hub for liquid-staked tokens (LSTs) on Sonic, offering seamless staking and real yield opportunities through LST-focused liquidity pools. Originally launched on Fantom in October 2021, Beets now operates a decentralized exchange (DEX) on both Sonic and Optimism and runs stS, the largest LST on Sonic. Collectively, Beets manages ~$160M in TVL.

The stS LP Spectra Pair has been live since January 23, 2025, and this proposal seeks to add it to Spectra’s gauge system. Incentivizing this pool would enhance liquidity for our Principal Token (PT), fostering a more liquid market for participants looking to either long stS yield or lock in their yield.

Benefit of this integration for Beets protocol

• Additional yield opportunities for the community or the protocol treasury
• Increase the visibility of the project
• Increase the TVL of the liquidity pool

Benefit of this integration for Spectra

• Increasethe tokenized TVL and the AMM TVL
• Diversify the yield possibilities
• Increase Spectra’s visibility
• Incentives for SPECTRA token holders

Metrics:

stS TVL: $98.88m (135M S )

Community stats:

• Twitter: 51k followers
• Discord: 11,255 members