SGR-115: syUSD-31JAN2026 Gauge Request

SGR-115: syUSD-31JAN2026 Gauge Request

Targeted Pair: syUSD

IBT contract address: 0x92fbb58342164546325602588599b05802c69bbe Pool Address: 0x2aeb274322e6d3c3a3d01a0afd26c73e793f52e7

Current TVL on in the Pair’s liquidity: $89,005

Current TVL as IBT: $89,005

Twitter/Discord links: x.com/LucidlyFinance | https://discord.gg/6TZX89RPWW

chain : Katana Network

Simple summary:

syUSD allows programmatic deployment of capital in DeFi through professional grade yield strategies tokenised and built for scale. syUSD accesses mainstream quantitative strategies - basis trading, liquidity provision, leverage loops, fixed income - in a non custodial environment with set benchmarks to generate liquid yield with minimised principal drawdowns.

Supported by proprietary offchain infrastructure and an onchain accounting framework, these strategies are tailored with a strong emphasis on risk management and regulatory compliance.

syUSD strategies could be accessed using our transparency dashbaord at app.lucidly.finance

syUSD public backing comprise of bluechip stablecoins like ethena sUSDe, resolve RLP, infiniFi siUSD facilitating tokenised yield from DeFi protocols across networks. The strategies allow automation, with verification checks for separate risk profiles all built-in at the protocol level making syUSD a resilient and secure stablecoin yield offering.

This proposal aims to add a Gauge for the syUSD Spectra Pair.

The pool for the syUSD pair is live since October 12th, 2025.

We’d like to add this pool to Spectra’s gauge system to incentivize liquidity of our PT, as it would enable for broader access to alternative yield optimization strategies for syUSD holders.

Learn more: docs.lucidly.finance

Benefit of this integration for Lucidly's syUSD

Additional yield opportunities for the community / broader base of holders.

Increase institutional access to bluechip defi native yield strategies.

Boost the TVL of the asset’s liquidity pool.

Benefit of this integration for Spectra

Increase the tokenized TVL and AMM TVL

Diversify the yield possibilities

Increase Spectra’s visibility

Potential rewards for SPECTRA token holders/users via syUSD yield and Lucidly Drops (points) rewards

Metrics:

syUSD TVL: $223,000

IBT: $89,005

Twitter following: 3904

Estimated Yield: syUSD native yield: ~16-20% base APR rolling average plus additional programmatic KAT+Lucidly drops incentives. Spectra APR likely would be considerably higher.

Means:

Amount of bribes if any: Lucidly will provide a 3x boost in Lucidly Drops to syUSD YT holders and LPs on Spectra.

Vote Specification

Create a gauge for LP-syUSD-31JAN2026 on Katana?

• Yes, create a gauge for this pool
• Abstain
• No, do nothing