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SwerveSwerveby0xaa94714636aFc2b7a2765Cd673901e5b576DdCB80xaa94…dCB8

SIP-20 BTC Pool

Voting ended over 5 years agoSucceeded

Given near-term constraints on the sETH-wETH pool, the next pool we should look to add towards our goal of leveraging Synths is one containing sBTC.

These are the two pools I believe we should consider:

sBTC-wBTC: More efficient sBTC pool than competitors, can effectively own this swap; Satisfies sBTC requirement

sBTC-wBTC-renBTC: renBTC would add a larger addressable market to the swap; Satisfies sBTC requirement

The main argument against a BTC pool is to keep rewards high for stable LPs

Discuss: Discord Forum

Off-Chain Vote

sBTC-wBTC
48.38 48.4%
sBTC-wBTC-renBTC
51.62 51.6%
sBTC-Another BTC-on-Ethereum Asset
0 0%
No BTC Pool
0 0%
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Timeline

Oct 30, 2020Proposal created
Oct 30, 2020Proposal vote started
Nov 02, 2020Proposal vote ended
Oct 26, 2023Proposal updated