# Proposal — Create V2 Pool for HBAR/HCHF 0.30%

**URL:** <https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57>\
**Category:** Proposal\
**Created:** [August 19, 2024, 7:07am UTC](https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57 "2024-08-19T07:07:45Z")\
**Posts on this page:** 3\
**Page:** 1

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**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, 7:07am UTC](https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57/1 "2024-08-19T07:07:45Z")

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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 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.

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<div class="post-metadata">

**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 20, 2024, 3:33am UTC](https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57/2 "2024-08-20T03:33:40Z")

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

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<div class="post-metadata">

**Author:** ![GlobeBit](https://avatars.discourse-cdn.com/v4/letter/g/c77e96/32.png) [@GlobeBit](https://gov.saucerswap.finance/u/GlobeBit)\
**Post date:** [August 27, 2024, 6:40am UTC](https://gov.saucerswap.finance/t/proposal-create-v2-pool-for-hbar-hchf-0-30/57/3 "2024-08-27T06:40:56Z")

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

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