ARC-82: Add ASTRO Incentives for CAPA-SOLID & axlUSDC-SOLID Pools

Proposals ARC (Astroport Request for Comments)
1

Summary

This proposal advocates for adding ASTRO emissions to CAPA-SOLID & axlUSDC-SOLID on Terra.

Abstract

As you may know, Capapult team has brought about a paradigm shift within the Terra 2.0 Ecosystem through the introduction of its revolutionary stablecoin, SOLID.

We are here to submit a proposal to request a total of ASTRO tokens to be allocated as incentives for our CAPA-SOLID and axlUSDC-SOLID pools.

This request is based on calculations involving our pool’s trading volume and the resultant fees. We firmly believe that these incentives will significantly contribute to the growth of liquidity within our pool, enhance the stability of SOLID’s value, and foster the overall prosperity of the ASTRO ecosystem.

Proposal Goals

  1. Liquidity Enhancement: By providing ASTRO incentives, we aim to attract more liquidity providers to participate in our pool, thereby increasing the available liquidity for traders. This increased liquidity will lead to reduced slippage, improved trading experience and enhanced attractiveness for both new and experienced traders.

  2. Stability of SOLID: The stability of SOLID’s value is important to both Capapult and Astroport communities.
    By allocating ASTRO incentives to our pool, we intend to bolster the value of SOLID through improved liquidity and reduced volatility. A more stable SOLID will enhance the confidence of users and investors, driving further adoption and utilization.

  3. Synergistic Growth: Our proposal aligns with the broader goals of the Astroport ecosystem. A well-incentivized pool attracts users and liquidity, leading to increased trading volume and fees generated. This virtuous cycle contributes to the overall growth of the ecosystem, reinforces Astroport’s position as a leading Automated Market Maker (AMM) and benefits the entire ASTRO token economy.

2

Hey @Capapult, the executable message for this proposal looks as follows:

[
 {
    "wasm": {
      "execute": {
        "contract_addr": "terra1ksvlfex49desf4c452j6dewdjs6c48nafemetuwjyj6yexd7x3wqvwa7j9",
        "msg": "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",
        "funds": []
      }
    }
  }
]

The readable version of the message looks as follows:

{
  "setup_pools": {
    "pools": [
      ["terra1ckmsqdhlky9jxcmtyj64crgzjxad9pvsd58k8zsxsnv4vzvwdt7qke04hl", "55142"],
      ["terra16esjk7qqlgh8w7p2a58yxhgkfk4ykv72p7ha056zul58adzjm6msvc674t", "38842"],
      ["terra1khsxwfnzuxqcyza2sraxf2ngkr3dwy9f7rm0uts0xpkeshs96ccsqtu6nv", "1219"],
      ["terra1kggfd6z0ad2k9q8v24f7ftxyqush8fp9xku9nyrjcs2wv0e4kypszfrfd0", "228"],
      ["terra1ces6k6jp7qzkjpwsl6xg4f7zfwre0u23cglg69hhj3g20fhygtpsu24dsy", "1219"],
      ["terra1cq22eugxwgp0x34cqfrxmd9jkyy43gas93yqjhmwrm7j0h5ecrqq5j7dgp", "305"],
      ["terra1h3z2zv6aw94fx5263dy6tgz6699kxmewlx3vrcu4jjrudg6xmtyqk6vt0u", "685"],
      ["terra18mcmlf4v23ehukkh7qxgpf5tznzg6893fxmf9ffmdt9phgf365zqvmlug6", "228"],
      ["terra1qmr5wagmeej33hsnqdmqyvkq6rg3sfkvflmu6gd6drhtjfpx4y5sew88s4", "1904"],
      ["terra1rdjm94n3r4uvhfh23s98tfcgzedkuvjwvkcjqa503amef9afya7sddv098", "152"],
      ["terra1d4ltsnke3grgw90dad5qf3jle7l0t9z8zsshqzp6g8v3j0ecvpksevz5z7", "76"]
    ]
  }
}
3

“We are here to submit a proposal to request a total of ASTRO tokens to be allocated”

What is the amount of ASTRO you are requesting based on this proposal?

4

SOLID-USDC around 72 Astro per day
CAPA-SOLID around 36 Astro per day