dHEDGE, a decentralised asset management protocol, is considering an incentivised pool on Balancer, see https://medium.com/dhedge-org/dht-incentives-mainnet-and-beyond-52a59fcd1e19. We have seen huge community interest and just like mStable performed a Mesa Auction for our initial distribution.
We would like to propose an incentivised pool on Balancer in a partnership with mStable. Liquidity providers will be able to share 50,000 DHT per week. Our proposal is a 50/50 mUSD/DHT pool where users can earn BAL, DHT and MTA. We would like to propose to the mStable community to sponsor this pool with 20k MTA per week for at least 10 weeks. The dHEDGE DAO would provide the initial liquidity for both mUSD and DHT.
Both mStable and dHEDGE have growing DeFi communities that are excited about exploring the possibilities of decentralisation - we believe this will strengthen both communities and bring them closer. We like to open up this for a discussion.
- Yes, create the shared pool
- No, do not create the shared pool