This proposal would create six new Supercharged Liquidity pools, establishing initial Supercharged liquidity venues for Native WBTC:
- WBTC/USDC, 0.2% Spread
- WBTC/USDC, 0.05% Spread
- WBTC/USDT, 0.2% Spread
- WBTC/USDT, 0.05% Spread
- WBTC/DAI, 0.2% Spread
- WBTC/DAI, 0.05% Spread
During the rollout period, the creation of Supercharged Liquidity pools is permissioned by governance as established in Proposal 532.
This Pool selection is a pairing of WBTC with all current Quote assets that are stable tokens.
WBTC will be the Quote asset for volatile pairings as the highest market cap asset, and several of these will follow in a future proposal.
The higher spread factors mirror the current spread factors used on Classic pools. The lower spreads will potentially be more efficient at collecting rewards for the same liquidity, as seen in other concentrated liquidity models. The addition of two levels of the spread factor will enable the market to decide where liquidity reward collection is optimal.
Target On-chain date: Latest of 17th September and Native WBTC Launch