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The Standard DAOThe Standard DAOby0xa3F221847A613586CAB236bFFC09774D6dd964830xa3F2…6483

Shall we create a new liquidity pool for EUROs on Ramses DEX with jEURO?

Voting ended about 2 years agoFailed

This proposal recommends the creation of a new liquidity pool on Ramses DEX featuring a jEURO/EUROs pair. This strategic move offers several benefits:

  1. Eliminate forex price risk: By directly pairing jEURO with EUROs, we avoid USDC/EUROs fluctuations affecting the pool's stability.
  2. Facilitate pegged asset trading: jEURO provides a seamless gateway for trading other pegged assets against EUROs within the Ramses ecosystem.
  3. Direct emissions and co-incentivization: We are in discussions with Ramses DEX to secure direct emissions into the pool and explore joint initiatives to attract liquidity.
  4. Target high TVL: This partnership aims to establish a substantial total value locked (TVL) for the jEURO/EUROs pair on Ramses.

We urge the community to vote in favor of this proposal to capitalize on the aforementioned benefits and actively contribute to EUROs growth and stability.

Additional Information:

  1. Discussions with Ramses DEX are ongoing, and further details regarding specific incentives and co-marketing strategies will be shared upon finalization.
  2. The exact timeline for launching the pool will be determined in collaboration with Ramses DEX.

Voting Options:

For: Approve the creation of the jEURO/EUROs liquidity pool on Ramses DEX. Against: Do not approve the creation of the jEURO/EUROs liquidity pool on Ramses DEX. Abstain: I don't have a strong opinion on this issue.

Off-Chain Vote

For
2.91M TST100%
Against
0 TST0%
Abstain
0 TST0%
Quorum:29%
Download mobile app to vote

Discussion

The Standard DAOShall we create a new liquidity pool for EUROs on Ramses DEX with jEURO?

Timeline

Jan 31, 2024Proposal created
Jan 31, 2024Proposal vote started
Feb 05, 2024Proposal vote ended
Feb 06, 2024Proposal updated