SIP-47: Add rEth-USDs farm to the SPA Gauge

Governance proposals (discussed) Approved SIPs
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1

Author: Phizen, StaFi protocol’s BDM
Reference: https://www.stafi.io/, https://docs.stafi.io/
Created: May 18, 2023
Labels: #Liquidity-mining

Simple Summary
StaFi protocol offers to add the Demeter farm rEth-USDs to the SPA Gauge.

Motivation
Adding rEth-USDs to the SPA Gauge will support the liquidity mining of rEth and increase Sperax TVL, and reward SPA stakers.

Overview
StaFi protocol has created rEth-USDs farm on Demeter which will be launched on 25th of May
We plan to support SPA stakers with FIS bribes and thus propose to add the farm to the Gauge to foster rEth-USDs liquidity, increase Sperax TVL, and drive revenue to Sperax USD protocol and SPA stakers.

Technical Specification
Add to the Gauge the farm rEth-USDs launched on Demeter

Voting

For
Add rEth-USDs farm to the Gauge

Against
Don’t add the farm to the Gauge

  • For
  • Against

0 voters

2

Hey @phizen Can you please share more details on rETH. And which DEX do you plan to launch the pool and farm on? Currently it’s possible to launch on Camelot and Uniswap v3.