RE: SPS Governance Proposal - Increase Liquidity to DEC USDC Pool on BSC

[sm-silva]

The DAO will then buy DEC in the SPS:USDC pool with a portion of the 200,000 USDC until the price is 0.0008

DEC:USDC?

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I think it would be interesting if some pools were created in the hive-engine's Diesel Pools as well, like pairs DEC:SWAP.USDT, DEC:SWAP.HBD... Currently DEC only has pairs there in volatile cryptos which in any market drop leads to the price of DEC together.

Comments

[clayboyn]

Most of our liquidity is already locked up on hive-engine (tribaldex). I've been working on trying to get us in a position to expand to new chains so that we can open more pools. I've been working on SPS, but once we get that ready to roll I can look into expanding DEC too. Of course if people really want more DEC pools on tribaldex, you could make a proposal and try to allocate some incentives to it. I don't know if it would get support or not, but one way to find out I suppose.

[mangowambo]

The proposal mentions:

• Buying DEC in the SPS:USDC pool with a portion of the 200,000 USDC until the price is 0.0008.
• Adding the remaining allocated USDC and up to an equivalent amount of DEC to the SPS:USDC pool for additional liquidity.

Could you clarify whether these actions are meant for the DEC:USDC pool instead of the SPS:USDC pool? (maybe a typo?) If not, could you please explain how DEC will be integrated into the SPS:USDC pool? A clear understanding will help ensure everyone is on the same page regarding the proposal's intentions and mechanisms.

[clayboyn]

Yea I will fix it. It's just a typo.

[splinterjuice]

Yes a HBD/DEC or HBD/SPS pool would be interesting