- Title: Proposal to Activate Yield Farming of 1% for V1 HBAR/gib Pool
- Author(s): The gib community
- SaucerSwap Voting Interface: SaucerSwap | Leading Crypto Trading Protocol on Hedera - Fast, Secure Swaps with Low Fees. Stake & Earn.
- Related Discussions: RFC- Proposal for V1 HBAR/gib Yield Farm
- Submission Date: July 16, 2025
Summary
This RFC proposes the activation of yield farming for $gib, a memecoin launched on Hedera via MemeJob.fun 6 months ago. Currently the leading Meme on MemeJob with a market cap of $2M $200k liquidity. The continued success since launch highlights $gib’s potential to attract retail users and strengthen Hedera’s position in the growing memecoin market. Activating yield farming would attract more liquidity providers, improving its liquidity and stability.
Abstract
$gib has quickly become the most notable memecoin on Hedera, setting new benchmarks since its launch on MemeJob.fun. It’s steady growth in popularity with a consistent presence, community growth and price appreciation during downturn of other popular memecoins.
Memecoins have consistently driven retail adoption and trading activity across crypto networks. With $gib, Hedera showcases its capacity to compete via community presence and meme-ability.
Yield Farming for $gib on SaucerSwap will enhance trading accessibility, encourage further liquidity growth, and help position Hedera as an attractive option for retail traders exploring new ecosystems.
Motivation
$gib is a clear example of how memecoins can bring new energy to crypto ecosystems. Its rapid & stable growth highlights Hedera’s potential to attract retail traders looking for innovative and efficient alternatives.
In addition to its market presence, $gib was recently supported by the Hedera Foundation for a gib.chat and Hedera Knowledge base which lends credence to legitimacy and trust and complements this initiative by encouraging liquidity providers to weigh the benefits of staking their LP tokens in the farm driving deeper liquidity for Hedera’s leading memecoin.
Key Data Points:
- Unprecedented Growth: $gib achieved ~$3.7M USD in market cap post announcement of Hedera Foundation support during market downturn.
- Ecosystem Growth: Yield Farming for $gib on SaucerSwap has the potential to strengthen the memecoin ecosystem on Hedera as a whole, attracting more attention and liquidity to all projects, including established tokens.
- Retail Opportunity: Memecoins are proven catalysts for engagement, and $gib’s success and official support underscores Hedera’s potential in this space.
By activating yield farming for $gib, SaucerSwap has the opportunity to align with this momentum, ensuring seamless trading access for users while strengthening its role as the leading DEX on Hedera.
Specification & Rationale
Technical:
- Token ID: 0.0.7893707
- Launchpad: MemeJob.fun
Social:
Community Momentum: $gib’s community has shown strong engagement since its launch, consistently growing and driving discussions and interactions across platforms. With the introduction of gib.chat and support from the Hedera Foundation, this momentum is set to grow even further.
The gib community as quickly becoming the #1 Hedera meme community on X/Twitter and inspired many collaborations from various other projects enforcing the mindshare for $gib being an ecosystem staple and reinforcing its position as Hedera’s leading memecoin by organic popularity.
Financial:
- Liquidity Growth: A Yield Farm for $gib will deepen liquidity pools, improving trading conditions for all participants.
- Revenue Growth: Higher trading volumes will drive platform fees and benefit liquidity providers.
- Ecosystem Support: Supporting $gib aligns with SaucerSwap’s mission to strengthen the Hedera ecosystem and encourage broader adoption.
HTS Farm Weight Adjustments to Accommodate the 1% for $gib
The following adjustments are proposed to allocate the 1% yield farming pool for $gib by reducing farm weights from existing pairs shown in the image:
- HBAR/LCX: from 0.7% to 0.2% = -0.5%
- HBAR/CLXY: from 0.3% to 0% = -0.3%
- HBAR/JAM: from 0.2% to 0% = -0.2%
These changes focus solely on removing incentives from pairs with minimal impact to better support the growth of $gib liquidity.
Benefits (Pros):
- Proven Growth: $gib’s rapid rise demonstrates strong community interest and engagement.
- Liquidity Improvement: A Yield Farm encourages deeper and more stable liquidity pools.
- Retail Attraction: $gib provides an opportunity to bring new users and capital into Hedera’s ecosystem.
- Ecosystem Alignment: Activating $gib Yield Farming reinforces SaucerSwap’s role as the go-to DEX for Hedera.
- Community Engagement: The advent of $gib support from the Hedera Foundation encourages existing and future holders to actively interact and participate with project gib and SaucerSwap DeFi.
Downside (Cons):
- Volatility Risk: Memecoins are subject to significant price fluctuations, which may impact liquidity stability.
- Reduction weights of other Pools
Voting
If this RFC progresses to the Proposal phase, the voting options will be as follows:
- Yes: Approve the Yield Farm of $gib on SaucerSwap.
- No: Reject the Yield Farm of $gib on SaucerSwap.
For your consideration, we encourage dialogue of this proposal.
༼ つ ◕_◕ ༽つ 
gib team