Add MTA rewards to upcoming Curve “Meta Pool.”
Proposed by Derek Silva as a result of successful community proposal on Curve Finance’s forum (created by mStable team member Alex Scott) and a successful Curve community vote approving CIP #21.
Curve is in the process of adding an mUSD “Meta Pool” to their platform that would see equal parts mUSD & 3Pool[USDT, USDC, and DAI] deposited with CRV rewards for liquidity providers, launching 15 October 2020 assuming a positive vote by Curve Finance’s DAO.
This pool could act as a major source of trading volume for mUSD given that it benefits from StableSwap [PDF] design and the existing liquidity in the 3pool.
This discussion is focused on adding further incentives to the pool with MTA rewards along side the potential CRV rewards, along with how much MTA to emit from the pool on a weekly basis if you feel MTA should be added as a reward.
This pool could act as a major source of trading volume for mUSD given that it benefits from StableSwap [PDF] design and the existing liquidity in the 3pool. This would also serve as the only Curve “Meta Pool” with multiple rewards.
Due to the urgency of this discussion, a poll has already been created for those ready to vote. The poll closes on 14 October 2020 at 10:00 UTC.