Enable SQD/WETH (1% fee tier) V3 gauge on Arbitrum One

Gauges
1

Overview

The SQD protocol requests a gauge whitelist for the SQD/ETH pool (1% tier fee) on Arbitrum One, which will boost the liquidity and community engagement.

Background

  • Information on the token(s) / PM (Position Manager) vault(s), and the relevant protocol(s) behind the token(s) / vault(s)

See the Links section below.

  • Explain the intention behind the proposal (e.g. you intend to bribe $X over Y duration)

SQD is the ERC-20 protocol token that is native to the Subsquid Network ecosystem. The token smart contract is to be deployed on the Ethereum mainnet and bridged to Arbitrum One.

We intend to bribe over a period of two week, with the details to follow.

Details

  1. Boost Multiplier and Emission Cap % : (Unless there are special circumstances, the default is 1.00x boost multiplier and 0.5% emission cap)

Boost Multiplier and Emission Cap %: 1x boost multiplier and 1% cap

  1. Audits: Provide links to relevant audits
  1. Token Utility: Describe what the token is used for (current and future uses)
  • Incentives for infrastructure providers SQD is used to reward node operators that contribute computation and storage resources to the network.
  • Curation of network participants: Via delegation, the SQD token design includes built-in curation of nodes, facilitating permissionless selection of trustworthy operators for rewards
  • Curation of network participants: Via delegation, the SQD token design includes built-in curation of nodes, facilitating permissionless selection of trustworthy operators for rewards
  • Network decision making: SQD tokenholders can participate in governance, and are enabled to vote on protocol changes and other proposals.

  1. Volatility: For pegged tokens, have they depegged before? N/A

  2. Oracles: N/A

  3. Control: The SQD token control has no admin control

  4. Merit: How will this proposal benefit PancakeSwap (fees, marketing, users, etc.)?

  • Extra fees
  • Marketing (in the framework of the strategic partnership SQD x PancakeSwap)
  • Easier onboarding for SQD users (making it easier to aquire SQ
  1. Vault Strategy (for Position Managers only): N/A

Links

  1. Token address: 0x1337420ded5adb9980cfc35f8f2b054ea86f8ab1

  2. Liquidity pool address: 0xc24b560c7f8a1a50c2336cd8917af61b5e14984f

  3. Position manager vault address (if applicable)

  4. Website: https://sqd.dev/

  5. Socials

  1. Documentation: https://docs.sqd.dev/

  2. Github: GitHub - subsquid/subsquid-network-contracts: Smart contracts for Subsquid Network

  3. Any other relevant links

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Thank you for your application! The Kitchen has enabled the SQD/ETH pool (1% tier fee) on Arbitrum with 1x boost multiplier and 0.5% emissions cap.