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SpiritSwapSpiritSwapby0xB3026878F7aea800039797e12fc198636085d31c0xB302…d31c

Prop #0007 Add new gauges to SpiritSwap.

Voting ended almost 4 years agoSucceeded

As we continue to grow as a DEX, the importance of adding new pools to gauges is a pertinent matter. The more liquidity we incentivize, the more TVL we can capture as an exchange and with deeper liquidity on these pools the more volume we can expect to receive. Remembering that Volume = Fees and Fees = more distribution rewards for inSPIRIT holders, it is a beneficial positive feedback loop for all participants of the inSPIRIT model.

With Bribes about to start in the coming weeks, the more protocols we onboard, the higher the likelihood is that we can gather bribes from said protocols, thus opening up yet another revenue stream for inSPIRIT holders.

TLDR;

More volume = More fees (good for inSPIRIT holders) More protocols added to gauges = higher propensity for more bribes to be offered (good for inSPIRIT holders) - something coming pretty soon

As such, SpiritSwap are proposing to add the following farms to gauges.

gSCARAB-SCARAB gPHM-FRAX GRIM EVO-FTM ATLAS-FTM TREEB-FTM AVAX-FTM MATIC-FTM BOMB-FTM ALCX-FTM

These various protocols are partners who have proven to deliver high volume to the SpiritSwap ecosystem, some of which have also already agreed to offer bribes to inSPIRIT holders once we have the foundations ready to offer bribes.

We implore inSPIRIT holders to approve this proposal so we can continue to offer our beloved protocol participants additional revenue opportunities.

Pool details below:

GSCARAB-SCARAB Website: https://scarab.finance/ LP: https://ftmscan.com/address/0x8e38543d4c764dbd8f8b98c73407457a3d3b4999#code 0x8e38543d4c764DBd8f8b98C73407457a3D3b4999 GSCARAB: https://ftmscan.com/address/0x6ab5660f0b1f174cfa84e9977c15645e4848f5d6#code 0x6ab5660f0B1f174CFA84e9977c15645e4848F5D6 SCARAB: https://ftmscan.com/address/0x2e79205648b85485731cfe3025d66cf2d3b059c4#code 0x2e79205648B85485731CFE3025d66cF2d3B059c4

gPHM-FRAX Website: https://www.phantomdao.xyz/ LP: https://ftmscan.com/address/0x0785e2d14954759a73feabae4600e2b451a23dde#code 0x0785e2D14954759a73FeaBae4600e2b451A23dDE gPHM: https://ftmscan.com/address/0x354e0bc93d29bb1e48cf4714e1eda6dca4aa8828#code 0x354e0Bc93d29bB1E48cF4714E1eDA6DCA4aa8828 FRAX: https://ftmscan.com/address/0xdc301622e621166bd8e82f2ca0a26c13ad0be355#code 0xdc301622e621166BD8E82f2cA0A26c13Ad0BE355

GRIM EVO-WFTM Website: https://www.grim.finance/ LP: https://ftmscan.com/address/0x1e886febc93a5ad833e683d044c6b08d622af8a7#code 0x1e886FEBc93A5ad833e683d044c6B08D622aF8A7 GRIM EVO: https://ftmscan.com/address/0x0a77866C01429941BFC7854c0c0675dB1015218b#code 0x0a77866C01429941BFC7854c0c0675dB1015218b WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

ATLAS-WFTM Website: https://atlascloud.network/ LP: https://ftmscan.com/address/0xffcf183126df14ec4e59409bab431885cceeb1c2#code 0xFFcF183126dF14EC4E59409bAb431885ccEEb1C2 ATLAS: https://ftmscan.com/address/0x92df3eaBf7c1c2A6b3D5793f6d53778eA78c48b2#code 0x92df3eaBf7c1c2A6b3D5793f6d53778eA78c48b2 WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

TREEB-WFTM Website: https://retreeb.io/ LP: https://ftmscan.com/address/0x2ceff1982591c8b0a73b36d2a6c2a6964da0e869#code 0x2cEfF1982591c8B0a73b36D2A6C2A6964Da0E869 TREEB: https://ftmscan.com/address/0xc60d7067dfbc6f2caf30523a064f416a5af52963#code 0xc60D7067dfBc6f2caf30523a064f416A5Af52963 WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

AVAX-WFTM Website: https://www.avax.network/ LP: https://ftmscan.com/address/0x058f7f3eece0ad064de27c1d7188e1bab4e5aa1c#code 0x058F7F3Eece0Ad064DE27c1d7188E1baB4E5AA1c AVAX: https://ftmscan.com/address/0x511d35c52a3c244e7b8bd92c0c297755fbd89212#code 0x511D35c52a3C244E7b8bd92c0C297755FbD89212 WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

MATIC-WFTM Website: https://polygon.technology/ LP: https://ftmscan.com/address/0x1a5cb3948daf3130f37cbd4c2ebd36b7b315bb5b#code 0x1a5CB3948dAf3130f37cbD4C2EBD36b7B315Bb5b MATIC: https://ftmscan.com/address/0x40df1ae6074c35047bff66675488aa2f9f6384f3#code 0x40DF1Ae6074C35047BFF66675488Aa2f9f6384F3 WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

BOMB-WFTM Website: https://fbomb.finance/ LP: https://ftmscan.com/address/0x11d7fd8deb7f37ea97218f70550e03fe6683df3d#code 0x11d7fD8Deb7F37EA97218F70550E03fe6683df3D BOMB: https://ftmscan.com/address/0x8503eb4A136bDBeB323E37Aa6e0FA0C772228378#code 0x8503eb4A136bDBeB323E37Aa6e0FA0C772228378 WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

ALCX-WFTM Website: https://alchemix.fi/ LP: Not on Fantom yet ALCX: Not on Fantom yet WFTM: https://ftmscan.com/address/0x21be370d5312f44cb42ce377bc9b8a0cef1a4c83#code 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

Off-Chain Vote

For
27.76M 100%
Against
52.92 0%
Abstain
0 0%
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Timeline

Feb 17, 2022Proposal created
Feb 17, 2022Proposal vote started
Feb 24, 2022Proposal vote ended
Oct 26, 2023Proposal updated