# Create V2 Pool for HBAR/HCHF 0.30% **URL:** \ **Category:** Request for Comment\ **Created:** [August 12, 2024, 1:13pm UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51 "2024-08-12T13:13:58Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![GlobeBit](https://avatars.discourse-cdn.com/v4/letter/g/c77e96/32.png) [@GlobeBit](https://gov.saucerswap.finance/u/GlobeBit)\ **Post date:** [August 12, 2024, 1:13pm UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/1 "2024-08-12T13:13:58Z")
- Title: Create V2 Pool for HBAR/HCHF 0.30% - Author(s): GlobeBit & HLiquity Team - SaucerSwap Voting Interface: na - Related Discussions: na - Submission Date: August 12th, 2024 ### Summary We propose the creation of a V2\_HBAR/HCHF pool with a 0.30% fee tier on SaucerSwap. This pool will enhance capital efficiency and maintain liquidity as V1 incentives decrease. ### Abstract The new V2\_HBAR/HCHF pool will utilize SaucerSwap V2’s concentrated liquidity features, offering better returns for LPs. With the V1 pool’s incentives set to decline after 18 weeks after go-live (June 5th, 2024), this V2 pool will ensure continued support for the HBAR/HCHF pair. ### Motivation To maintain liquidity for HBAR/HCHF as V1 incentives phase out, the V2 pool will provide a more efficient and attractive option for LPs and traders. ### Benefits (Pros) - **Improved Capital Efficiency:** Higher returns for LPs. - **Sustained Liquidity:** Ensures ongoing trading activity for HBAR/HCHF. ### Downside (Cons) - **Transition Effort:** Requires moving liquidity from V1 to V2. ### Voting - **For:** Create the V2\_HBAR/HCHF pool with a 0.30% fee. - **Against:** Do not create the V2\_HBAR/HCHF pool. ---
**Author:** ![Wojak](https://yyz1.discourse-cdn.com/flex003/user_avatar/gov.saucerswap.finance/wojak/32/17_2.png) [@Wojak](https://gov.saucerswap.finance/u/Wojak)\ **Post date:** [August 13, 2024, 6:45am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/2 "2024-08-13T06:45:57Z")
I dont have any objections to this, and think its a good idea. ---
**Author:** ![H-Barbara](https://yyz1.discourse-cdn.com/flex003/user_avatar/gov.saucerswap.finance/h-barbara/32/59_2.png) [@H-Barbara](https://gov.saucerswap.finance/u/H-Barbara)\ **Post date:** [August 13, 2024, 8:21am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/3 "2024-08-13T08:21:48Z")
Another downside is liquidity fragmentation. I hope one day split routing for swaps can be a thing to effectively eliminate liquidity fragmentation concerns. Two questions, how much liquidity would the team use to initiate the pool? Why 0.30% fee as oppose to any other of the fee tiers? Not that I necessarily disagree with the tier, but seeing the team’s reasoning would be nice. ---
**Author:** ![avocado](https://avatars.discourse-cdn.com/v4/letter/a/df705f/32.png) [@avocado](https://gov.saucerswap.finance/u/avocado)\ **Post date:** [August 16, 2024, 12:22am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/4 "2024-08-16T00:22:36Z")
This proposal is reasonable. A 0.3% fee tier is also reasonable, since this pair can be voliatile. I support this. ---
**Author:** ![UgOs](https://avatars.discourse-cdn.com/v4/letter/u/c67d28/32.png) [@UgOs](https://gov.saucerswap.finance/u/UgOs)\ **Post date:** [August 16, 2024, 7:56pm UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/5 "2024-08-16T19:56:29Z")
The liquidity pool makes sense for a stable pair. ---
**Author:** ![GlobeBit](https://avatars.discourse-cdn.com/v4/letter/g/c77e96/32.png) [@GlobeBit](https://gov.saucerswap.finance/u/GlobeBit)\ **Post date:** [August 19, 2024, 6:54am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/6 "2024-08-19T06:54:42Z")
Thanks for the comment and questions. **Liquidity Fragmentation** Liquidity fragmentation is indeed a consideration, but with the planned migration of the majority of liquidity from V1 (~$155k) to V2, along with the potential for additional liquidity driven by ICHI integration, we anticipate a strong liquidity pool in V2. **0.30% Fee Rationale** The 0.30% fee tier strikes a balance between competitive trading costs and sufficient compensation for liquidity providers, making it an optimal choice for the current market conditions. This tier is also consistent with similar pools across DeFi, where liquidity provision is encouraged without excessive fees that might deter trading. ---
**Author:** ![Wojak](https://yyz1.discourse-cdn.com/flex003/user_avatar/gov.saucerswap.finance/wojak/32/17_2.png) [@Wojak](https://gov.saucerswap.finance/u/Wojak)\ **Post date:** [August 19, 2024, 6:56am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/7 "2024-08-19T06:56:11Z")
Go for the proposal I say, i think youll get good support. ---
**Author:** ![GlobeBit](https://avatars.discourse-cdn.com/v4/letter/g/c77e96/32.png) [@GlobeBit](https://gov.saucerswap.finance/u/GlobeBit)\ **Post date:** [August 19, 2024, 7:08am UTC](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51/8 "2024-08-19T07:08:21Z")
Done, THX > [@Proposal — Create V2 Pool for HBAR/HCHF 0.30%](https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57): > > This proposal builds on the discussions from the RFC: [Create V2 Pool for HBAR/HCHF 0.30%](https://gov.saucerswap.finance/t/create-v2-pool-for-hbar-hchf-0-30/51) Title: Create V2 Pool for HBAR/HCHF 0.30% Author(s): GlobeBit & HLiquity Team SaucerSwap Voting Interface: na Related Discussions: na Submission Date: August 19th, 2024 Summary We propose the creation of a V2\_HBAR/HCHF pool with a 0.30% fee tier on SaucerSwap. This pool will enhance capital efficiency and maintain liquidity as V1 incentives decrease. Abstract The new V2\_HBAR/HCHF pool will utilize Sauce…