Enable WETH/SEED (0.25% fee tier) V3 gauge on Arbitrum Chain

Overview

Proposal to enable WETH/SEED 0.25% fee tier V3 gauge on Arbitrum.

Background

Garden is a super-fast native Bitcoin decentralized exchange that offers the fastest way to swap native BTC to and from wrapped Bitcoin assets like WBTC, swBTC on EVM chains. In the past six months, Garden processed $790 million in volume on the mainnet.

Details

  1. [Boost Multiplier and Emission Cap % ]: 1.00x boost multiplier and 0.5% emission cap.
  2. Audits: GitHub - garden-finance/audits
  3. Token Utility: SEED can be utilized for participating in the governance of the protocol and for paying swap fees.
  4. Volatility: Not a pegged token, market driven.
  5. Oracles: No oracles are used currently, Garden works on a p2p order matching engine.
  6. Control: 0x8686368A0DBdCB036c6Bd41381Beb96Da5bbA743
  7. Merit: How will this proposal benefit PancakeSwap (fees, marketing, users, etc.): we can engage on co-marketing efforts.
  8. Vault Strategy (for Position Managers only): N/A

Links

  1. Token address: 0x86f65121804d2cdbef79f9f072d4e0c2eebabc08
  2. Liquidity pool address: 0x87Fe0e807E3E92A7558303FB51F201dcBfb07cC1
  3. Position manager vault address: N/A
  4. Website: garden.finance
  5. Socials: X: @garden_finance
  6. Documentation: docs.garden.finance
  7. Github: gardenfi
1 Like

Thank you for your application! The Kitchen has enabled the WETH-SEED 0.25% fee tier gauge on Arbitrum with 1x boost multiplier and 0.5% emissions cap.

1 Like