SGR 11: amphrLRT

Gauge Request Presentation:

• Targeted Pair: amphrLRT-LP
• Pool contract address: 0xDce8Dfa05F9af2c16793F6b8e77597B7B7BF0c50
• IBT contract address: 0x06824C27C8a0DbDe5F72f770eC82e3c0FD4DcEc3
• Spectra Wrapped IBT : 0xeaB93Ec2A82eB235a1f426Accd9254f2aB32A99d
• Current TVL on in the Pair’s liquidity: $1,568k
• Current TVL as IBT: $52M
• Twitter link: Amphor
• chain : Ethereum mainnet

Simple summary:

Amphor is a yield optimizer and aggregator that aims to maximize yield and points generation for various protocols.

The amphrLRT vault allocates wstETH to a set of underlying Symbiotic-based LRT assets, maximizing yields and points. The vault dynamically rebalances the allocation, and increases the user’s exposure to the Symbiotic Network.

This proposal aims to add a gauge for the amphrLRT Spectra pool.

We believe that the amphrLRT gauge creation could incentivize deposits and thus augment Spectra’s TVL.

Benefit of this integration for Amphor

Additional yield opportunities for their community Increased visibility of their project

Benefit of this integration for Spectra

Increased tokenized TVL and AMM TVL Increased visibility potential bribes for APW token holders

Metrics:

The amphrLRT vault currently has a TVL of $51,730,937. Amphor has 58.5k followers on X. The strategy’s estimated APR is 3.2%