Enable USDC/ODOS (0.25% fee tier) V3 Gauge on Base

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Overview

We propose the establishment of a USDC/ODOS liquidity pool on PancakeSwap’s Base platform with a 0.25% fee tier. This initiative aims to enhance liquidity for the ODOS token and provide traders with efficient swap opportunities between USDC and ODOS.

Background

ODOS is a DeFi aggregator that offers users optimal order routing across multiple blockchain protocols and liquidity sources. It is the first DEX aggregator to enable users to swap multiple input and output tokens in a single atomic transaction, thereby optimizing gas costs and reducing market volatility.

The integration of a USDC/ODOS pool on BASE is intended to bolster liquidity for the ODOS token, facilitating seamless and cost-effective transactions for users.

Details

  1. Boost Multiplier and Emission Cap: We propose a default boost multiplier of 1.00x and an emission cap of 0.5%, aligning with standard parameters.
  2. Audits: ODOS has undergone comprehensive audits to ensure the security and reliability of its smart contracts. Detailed audit reports are available at
    Audits | Odos Documentation Portal.
  3. Token Utility: The ODOS token serves as a loyalty program and governance token within the ODOS ecosystem, facilitating transaction rebates and governance participation.
  4. Volatility: As a stablecoin, USDC maintains a 1:1 peg with the US dollar and has not experienced significant depegging events. ODOS, being a utility token, may exhibit typical market volatility associated with cryptocurrencies.
  5. Oracles: ODOS utilizes its own token price service to aggregate price data across various liquidity sources, ensuring accurate and up-to-date information for optimal order routing.
  6. Control: The ODOS token contract is managed by the DAO Special Council multisig wallet requiring 3 out of 5 signers for transaction approvals, ensuring decentralized control and security.
  7. Merit: Introducing the USDC/ODOS pool on Base will enhance liquidity for both tokens, attract more users to the platform, and generate additional fee revenue for PancakeSwap. Furthermore, it will provide traders with efficient and cost-effective swap options, thereby improving the overall user experience.

Links

  1. Token Address:
  1. Liquidity Pool Address: https://basescan.org/address/0x8b92c1327e30ae9b6b722e613d3a4ae3532d8ef3
  2. Website: ODOS dApp
  3. Socials:
  1. Documentation: ODOS Documentation
  2. GitHub: ODOS GitHub Repository

We believe that establishing the USDC/ODOS pool on Base with a 0.25% fee tier will significantly benefit the PancakeSwap ecosystem by enhancing liquidity, attracting new users, and providing efficient trading opportunities.

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