Unichain Co-Incentives Growth Management Plan
AI summary
This proposal outlines a plan to boost the growth of Unichain, a part of the Uniswap ecosystem, by using co-incentives. It aims to increase the amount of USDS, sUSDS, and sUSDC (different stablecoins) locked on Unichain, which has seen its total value locked (TVL) decline recently. The plan involves coordinating with other DeFi protocols and leveraging the Sky ecosystem's yield mechanisms to offer attractive returns to users.
If passed, this proposal could lead to increased liquidity and user engagement on Unichain, potentially benefiting Uniswap by expanding its ecosystem. The Uniswap DAO would gain more direct control over incentive distribution strategies, voting on them quarterly. The Sky ecosystem would bear the cost of the yield provided on sUSDS and sUSDC, which could amount to millions of dollars annually depending on TVL growth.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Unichain Co-Incentives Growth Management Plan
Summary
Following the passage of the Unichain-USDS Growth Management Plan on Snapshot that echoed U…