Yield Forwarding Request: USDGLO

theOriginalPete
Wed, 19 Mar 2025 18:23:18 +0000
Proposals

Paired token: USDGLO

Paired token contract: 0x4f604735c1cf31399c6e711d5962b2b3e0225ad3

Origin token to pair with: superOETHb

DEX deploying pair on: Curve

Pool contract: 0x22559fC36A9B0c936DfF0AB1d0DE9a2aC5e6A059

Destination address: 0x31d2737adf35A6981546b4dA644eE64973Cd4Fd8

Pool booster or treasury booster: TB

Community stats

Twitter followers: 3.9k followers

Simple summary of Paired token:

USDGLO is a stablecoin by Glo Dollar that funds public goods.

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

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

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

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

Additional notes:

Glo Dollar is also hoping to get a gauge for their pool so that they can split YF 50/50 between TB/PB (for when the split feature is complete). The gauge is going through the governance process right now, but the deployed gauge address is 0x1Fa0b05a796aC4c4E9874c9E90bC38660E23F929