SGR 87: Create 14JAN2026-wstkscUSD & -wstkscETH Gauge
Target Pair wstkscUSD: 0xb9c4a8179a2a115815489854069d4670a8c80424 IBT Contract Address wstkscUSD: 0xc4dc44837caf8a53bb5fbcd4be42089ca03a37f1 Target Pair wstkscETH: 0x36ae7a0c85415c9843af095aef9ed340a4f64686 IBT Contract Address wstkscETH: 0x64fcc3a02eeeba05ef701b7eed066c6ebd5d4e51 Twitter Link: https://x.com/Rings_Protocol Network: Sonic
scUSD and scETH are meta-stablecoins built on Sonic by Mithras Labs (Paladin contributors) and Tholgar, with the help of Layer 0 (bridge) and Veda (vaults). Launched on the 20th of December, it is one of the fastest growing protocols on Sonic and has somewhat achieved a moat in the Sonic ecosystem.
To mint scUSD and scETH, users must provide curated assets that are then deposited in low-risk yield bearing strategies.
This proposal aims to add a Gauge for the wstkscUSD & wstkscETH Spectra Pairs The pool for the wstkscUSD & wstkscETH pairs are live.
Adding this pool to Spectra’s gauge system will incentivise liquidity of the PT, as it enables the yield of wstkscUSD & wstkscETH to be traded and speculated on.
stkscUSD TVL: $~10.8m stkscETH TVL: $~8.8m
Add wstkscUSD & wstkscETH pools to Spectra’s gauge system?