Yield Forwarding Request: msETH

theOriginalPete
Thu, 20 Feb 2025 00:23:20 +0000
Proposals

Paired token: msETH

Paired token contract: 0x64351fc9810adad17a690e4e1717df5e7e085160

Origin token to pair with: OETH

DEX deploying pair on: Curve

Pool contract: 0xb5b93dde9d87563184d31f3b7f85dd58404e2ee0

Destination address: 0xCE3187216B39ED222319D877956aC6b2eF1961E9

Pool booster or treasury booster: TB

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Simple summary of Paired token:

msETH is a synthetic token from the Metronome protocol.

Benefit of enabling yield forwarding and TB for Paired token:

The Metronome treasury will generate additional yield that it can use to grow the token and protocol as they see fit.

Benefit of enabling yield forwarding and TB for Origin protocol:

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