Yield Forwarding Request: POOL

Yield Forwarding Request:

  • Paired token: POOL
  • Paired token contract: 0xd652c5425aea2afd5fb142e120fecf79e18fafc3
  • Origin token to pair with: superOETHb
  • DEX deploying pair on: Curve
  • Pool contract: 0x678A7ce84fbd35Db5D3DC48E2CcFBa1190CaFd6D
  • Destination address: 0x9f71Acd539E41d9B82ab106F20fA94a7428804F7
  • Pool booster or treasury booster: PB
  • Community stats
  • Twitter followers: 48.1k followers

Simple summary of Paired token:

Pooltogether is a protocol that has been around for years on multiple blockchains. The protocol operates as a no-loss lottery, where lottery winnings distributed come from yield generated from protocol LPs. POOL is the protocol’s token.

Benefit of enabling yield forwarding and PB for Paired token:

Enabling PB on this pool and gauge will enhance the LP position and maintain a consistent incentivization mechanism for POOL.

Benefit of enabling yield forwarding and PB for Origin protocol:

Origin Protocol will realize greater superOETH TVL from the ETH converted into superOETH in the pool.

Additional notes:

The gauge vote will still need to pass on Curve’s governance before the gauge is enabled for this pool.