Proposal — Create V2 Pool for HBAR/HCHF 0.30%

Proposal
1

This proposal builds on the discussions from the RFC: Create V2 Pool for HBAR/HCHF 0.30%

  • 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 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.
4 Likes
2

No additional notes from the previous discussion as all the major things the users brought up has been properly addressed.

1 Like
3

Voting is now open https://www.saucerswap.finance/governance/proposals/1
Thanks for the support