ARC-16: bLUNA-stLUNA Virtual Pool

I agree with the premise that we don’t need two pools for essentially the same thing splitting out incentives and liquidity causing worst swaps for both. But I disagree with the idea that Luna-stLuna will die off.

If anything the implication of a metastabe pool for the stLuna-Luna would in my opinion make it the default pair.

Anchor is also in the plans of adoption the V2.1 borrow model and wants to phase out bLuna.

With the Anchor phase out, metastable pools, and the stLuna-Luna virtual pool makes stLuna the default choice of Liquid Staking derivative when compared to bLuna.

In my opinion the upcoming changes will slowly make bLuna less relevant and so more users will start joining the stLuna-Luna pool. That’s why I support the implementation of this proposal unless there is a big security risk (which will be reveled when audits are done).

1 Like