Yield Forwarding Request: ynETHx

theOriginalPete
Mon, 17 Feb 2025 16:52:44 +0000
Proposals

Paired token: ynETHx

Paired token contract: 0x657d9aba1dbb59e53f9f3ecaa878447dcfc96dcb

Origin token to pair with: OETH

DEX deploying pair on: Curve

Pool contract: (ERC-20 Token | Address: 0xbeb1336c...6305b3157 | Etherscan)

Gauge contract: 0x70e80e0ada57af6a6040132ffb6ca3e5adf87b9f

Pool booster or treasury booster: PB

Community stats

Twitter followers: 72K Followers

Simple summary of Paired token:

ynETHx is one of the tokens of the YieldNest Protocol

Benefit of enabling yield forwarding and PB/TB for Paired token:

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

Benefit of enabling yield forwarding and PB/TB for Origin protocol:

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

Additional notes:

This YF request will also need an intermediary contract.