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@BitesDigitalGrp

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

DEX proposed

agora.terra.money

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agora.terra.money

Discuss, organize, and grow decentralized communities

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Tldr i dont get it

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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

)

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· 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.

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

is not valuable. It absolutely can be.

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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

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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

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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.

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Thoughts on incentives to $ATOM: I think $OSMO should be in the long term the vol quote currency of Osmosis and $UST the stable quote currency - Having two quote currencies for one dex is simply a waste of capital and is likely going to fragment liq

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Replying to

Think about what happend to $ETH pairs on most CEXs vs BTC pairs $ATOM pools should exist and should be incentivised, but competing with $OSMO on its own turf for liquidity (or at least incentivised competition) seems to be a waste of capital.

4:08 AM · Oct 18, 2021Twitter Web App

Replying to

Disclosure: I hold more $ATOM and $OSMO than anyone likely to comment on this thread. Capital efficiency drives my advice to the Terra community, not tribalism. Osmosis should have one vol quote currency, not many.

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As for the right reasons, it is inappropriate for the OP to claim that providing incentives on Osmosis "exposes Luna to the wider IBC ecosystem."

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Replying to

How to make a choice about $ATOM and $OSMO?

Replying to

when is $UST coming to $OSMO