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Gearbox · closed proposal
[GIP-97] Onboarding Points and Shards to USDC pool & Arbitrum
0x23e8…eA2d·ended 2y ago
Voters
60
GEAR voted
327.60M
Token price
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AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
327.60M / 200.00M GEAR(164%)
✓ Quorum met
Approve322.45M (98.4%)
Reject5.15M (1.6%)
327.60M GEAR · 60 votersblock 19369224
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Overview
Current utilization of the USDC pool is ~50%, which is good, but still lower than our target of 80-90%. To increase utilization, it is proposed to add USDe and sUSDe tokens, as well as ezETH to enable boosting WETH leverage trades with points.
It is also proposed to add ezETH to the WETH arbitrum pool with a 0 quota limit, in order to be able to quickly enable the token once ezETH liquidity arrives.
Onboarding Ethena for Trade USDC pool and increasing quota limits for weETH
Ethena quickly burst into the stablecoin market: despite its launch less than a month ago, it is alrea…
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