With the vote passed to bulk add our first round of ecosystem pools to gauges, we now have the opportunity to add several other protocols who have indicated interest in adding value to the SpiritSwap ecosystem.
Adding ecosystem pools to gauges has several advantages.
As such, we are proposing the following pools be added to gauges in next week's batch update.
UST-FTM (US Dollar Terra) https://assets.website-files.com/611153e7af981472d8da199c/618b02d13e938ae1f8ad1e45_Terra_White_paper.pdf
FTMx-FTM (Stader) To be added once live on FTM https://staderlabs-docs.s3.amazonaws.com/Stader_Litepaper.pdf
biFTM-FTM (BiFi Finance will have more on this in coming days, documents to follow) https://ftmscan.com/address/0x7381ed41f6de418dde5e84b55590422a57917886
HUN-FTM https://docs.hundred.finance/
ALPACA-FTM https://docs.alpacafinance.org/
GRO-FTM https://docs.growthdefi.com/
MOR-FTM https://docs.growthdefi.com/
RING-FTM https://www.onering.finance/whitepaper.pdf
SOLID-FTM (No documents available)
SEX-FTM https://docs.solidexfinance.com/
MIDAS-FTM https://blog.midas.investments/how-midas-investments-generate-yield-for-its-customers/
Should this vote pass, these pools will be added to the gauges, effective immediately.
Further to this proposal, we would also like to address a second issue - Reducing Protocol driven votes for new gauge additions to 3 days
Originally we wanted to ensure that all community driven proposals required a 7 day voting period. This was to enable the community enough time to discuss the nuances and intricacies of any community or protocol lead proposal.
This said, having this time buffer is limiting for when the DAO want to make snap additions to gauges for the benefit of inSPIRIT holders. As such, the DAO are seeking inSPIRIT holders approval to reduce the vote time from 7 days to 3 days for any proposals that encompass batch additions to gauges.
This will enable the DAO to push gauge updates quicker and allow for bribes to flow through to inSPIRIT holders at a faster pace.