persistence

Prop 93: Create new stkXPRT/XPRT Metastable Pool on Dexter

Proposal

This proposal suggests creating a new stkXPRT/XPRT Metastable Pool on Dexter as follows:

Pool Parameters:

  • Pool Type: Metastable Pool

  • Pool Tokens: stkXPRT, XPRT

  • Pool Liquidity: No liquidity provided

  • Swap Fee: 0.30%

  • Max Spread: 10.00%

  • Amp Factor: 50

  • Scaling Factor: stkXPRT - 1.00,XPRT - 1.00

Benefits:

  • New XPRT liquidity on Dexter
  • stkXPRT/XPRT pool will support Superfluid LP feature that will allow natively staked XPRT to be converted to stkXPRT-XPRT LP bonded position in a single click
  • Dexter's Metastable pool efficiency is expected to give best swap rates for stkXPRT, increasing trading activity
  • Liquidity Providers will suffer minimal Impermanent Loss as both the tokens are very closely tied to each other
  • Dexter will become the base for stkXPRT liquidity

Voting

  • By voting YES you agree with the proposed creation of the new stkXPRT/XPRT Metastable Pool on Dexter, following the specified details.
  • By voting NO, you disapprove of the proposed pool creation.
  • By voting ABSTAIN, you contribute to the quorum but formally decline to vote either for or against the proposal.
  • By voting NO WITH VETO, you consider this proposal spam, malicious, or harmful and want the depositors penalised by burning their deposit.