Enable EYWA/USDT (0.25% Fee Tier) V3 Gauge on BNB Chain

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Overview

Proposal to enable EYWA/USDT (0.25% Fee Tier) V3 Gauge on BNB Chain

Liquidity pool address:

EYWA Token on BNB Chain address: EYWA (EYWA) Token Tracker | BscScan

Background:

Eywa is an ecosystem that facilitates communication between blockchains and comprises two major components:

Consensus bridge - a trustless token and data bridge that uses the consensus of the most secure data transfer protocols in the market for transaction verification, such as Axelar, Chainlink CCIP, L0, Wormhole.

CrossCurve - an innovative cross-chain trading and yield protocol that addresses the issue of fragmented liquidity through the use of Curve Finance’s deep liquidity pools, the world’s largest decentralized exchange.

Our mission is to unite the fragmented DeFi market. We aim to enable the industry to reach a new level of maturity and adapt DeFi for the masses. We intend to make decentralized finance efficient, simple, convenient, and understandable, even for beginners. To this end, we are dedicated to simplifying the user experience of interacting with DeFi as much as possible.

At the same time, it is extremely important to us that decentralized finance remains truly decentralized, and we do not wish to compromise on this principle, as many do.

Eywa gives users the ability to quickly and economically exchange assets across different networks and provides yield farming for liquidity providers.

Eywa enables users to quickly and cost-effectively exchange assets across networks, offers yield opportunities for liquidity providers, and facilitates cross-chain listings of omnichain tokens.

Motivation:

Eywa aims to strengthen the liquidity of its governance token, EYWA, to enhance accessibility, increase demand, and ensure more efficient swaps. This also provides EYWA holders with opportunities to earn yield on their positions.

This proposal will benefit PancakeSwap by boosting liquidity and trading volume with the addition of the EYWA/USDT pair on BNB Chain. It will attract EYWA ecosystem participants, enhance visibility through co-marketing with the EYWA community, and expand trading opportunities on the platform.

Governance:

EYWA DAO — is a democratic, transparent, and decentralized organization that makes strategic decisions, engages participants, and incentivizes their contributions.

The goal of EYWA DAO is to create long-term incentives for attracting sustainable cross-chain liquidity, as well as to accumulate and manage the protocol’s own liquidity to ensure better conditions for cross-chain swaps in the market.

DAO governance is based on locking the EYWA governance token into veEYWA, which grants voting power. This voting power allows veEYWA holders to participate in decision-making, receive incentives, and earn income from EYWA protocols.

Audits:
EYWA Security & Audits

Oracles:
EYWA does not rely on any external pricing oracles.

References/Useful links:

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Thank you for your application! The Kitchen has enabled the EYWA/USDT (0.25% fee tier) V3 gauge on BNB Chain with 1x boost multiplier and 0.5% emissions cap.