Conversation

I’ve been waiting for this day #ibc $LUNA incentives for $OSMO / $UST pairs on

@osmosiszone

DEX proposed

agora.terra.money

Commonwealth

Discuss, organize, and grow decentralized communities

580

Discuss, organize, and grow decentralized communities

156

Tldr i dont get it

Weren't LUNA incentives given to past pools on DEXs? Or do you think it should only be for UST stableswap pools (coming soon to

@osmosiszone

)

Quote Tweet

Terra

@terra_money

· Jul 23, 2021

1/ Following the recent @MercurialFi proposal to bring $UST to @solana, the feedback and reception from the community have been amazing. The on-chain proposal is currently past the necessary threshold, meaning that $LUNA rewards for the $UST 3Pool will go live next week.

Show this thread

Do Kwon

@stablekwon

Oct 18, 2021

As discussed over DM, I feel some clarification here is helpful - It is NOT that i dont think Luna incentives on

@osmosiszone

is not valuable. It absolutely can be.

Replying to

But I think if the Terra Community Pool is funding incentives, 1) the funds should be spent intelligently to maximize $UST adoption on Osmosis, 2) be done for the right reasons

4:02 AM · Oct 18, 2021Twitter Web App

Retweets

Quote Tweet

Likes

100 BPS respecter cryptokaren

Replying to

CHEMMMM ONNNNN :P

Replying to

First off, I think $LUNA incentives should be used to create a matching program for incentives for all pairs that use $UST as a quote currency. As for how much to each pool, think initial pools to be funded should be: OSMO-UST LUNA-UST USDC-UST

Do Kwon

@stablekwon

Oct 18, 2021

And we should absolutely apportion incentives for other pools, such as $XPRT-$UST $REGEN-$UST $AKT-$UST And others. These incentives should be matched dollar for dollar for incentives provided by each project, and should scale as other projects join the ecosystem.

Show replies

Replying to

Do we give the same consideration to sifchain ?