SGR 104: USDHL-31DEC2025 Gauge Request

Gauge Request:

• Targeted Pair: USDHL (WHLP)
• Pool: 0x541f2682a070d5f65630f5e69ddd941ac5645bec
• IBT contract address: 0x79ffb1caa21ba491200a68498117a639e3e8df80
• Spectra - WHLP-3 (DEC 31 2025) - Liquidity
• Links: https://www.loopingcollective.org/
• chain : HyperEVM

Simple summary:

Liquid Looping is a DeFi primitive that supercharges staking by “looping” assets through liquid staking tokens (LSTs) and lending protocols. Instead of single staking, deposits are recursively staked, borrow, re-staked, repeat, achieving higher yields with higher risk than direct staking.

This allows for both higher native yield and also bigger potential points exposure. By creating a PT/YT market on it, people can speculate on the future yield.

Vote specification:

Create a gauge for USDHL-31DEC2025?

• Yes
• No
• Abstain