Defeated

[HIP-27] - Approve Bluechip Meme Gauges


ID 11

ID 11

Proposed on: Nov 14th, 2024

Proposed on: Nov 14th, 2024

Votes

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createGauge(..)

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Proposal

Introduction

This proposal seeks community approval to add a selection of Meme liquidity gauges. There are no specific partnerships with their communities yet;

Gauges:

mainnetSPX6900-arbETH - 0,3% - contract: 0xE0f63A424a4439cBE457D80E4f4b51aD25b2c56C - pool: 0x52c77b0CB827aFbAD022E6d6CAF2C44452eDbc39 - 24h vol / fees: 2.7m / 8,1k

mainnetBITCOIN-arbETH - 1% - contract: 0x72e4f9F808C49A2a61dE9C5896298920Dc4EEEa9 - pool: 0x0c30062368eEfB96bF3AdE1218E685306b8E89Fa - 24h vol / fees: 1.9m / 18,9k

mainnetJOE-arbETH - 0,3% - Contract: 0x76e222b07C53D28b89b0bAc18602810Fc22B49A8 - pool: 0x704aD8d95C12D7FEA531738faA94402725acB035 - 24h vol / fees: 337K / 1K

mainnetKEKEC-arbETH - 0,3% - contract: 0x8C7AC134ED985367EADC6F727d79E8295E11435c - pool: 0xc6e40537215C1E041616478D8cFe312b1847b997 - 24h vol / fees: 536K / 1,6K

mainnetMOG-arbETH - 0,3% - contract: 0xaaeE1A9723aaDB7afA2810263653A34bA2C21C7a - pool: 0xc2eaB7d33d3cB97692eCB231A5D0e4A649Cb539d - 24h vol / fees: 2,6m / 7,8K

mainnetZOOMER-arbETH - 0,3% - 0x0D505C03d30e65f6e9b4Ef88855a47a89e4b7676 - pool: 0xC2C701110dE2b9503E98619d9c9e3017877b0f72 - 24h vol / fees: 12,5k / 37

mainnetPEPE-arbETH - 0,3% - contract: 0x6982508145454Ce325dDbE47a25d4ec3d2311933 - pool: 0x11950d141EcB863F01007AdD7D1A342041227b58 - 24h vol /fee: 4,2m / 12,7k (v3 pool)

mainnetAPU-arbETH - 0,3% - contract: 0x594DaaD7D77592a2b97b725A7AD59D7E188b5bFa - pool (only v2 pool): 0x5CEd44F03ff443BBE14d8eA23bc24425FB89E3ED - 24h vol / fees: 1,1m / 3,2k

mainnetSHIB-arbETH - 0,3% - contract: 0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE = pool: 0x2F62f2B4c5fcd7570a709DeC05D68EA19c82A9ec - 24h vol/fees: 2,4m /7,3k

Gauge Addition Calldata

0x5d6b2a9d000000000000000000000000cad48203602f05fe50af35c9449c6266ff9519b40000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d00000000000000000000000042def51bc10435dda0136f006827b58078b4fa58000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000708    
    
  0x5d6b2a9d00000000000000000000000097556b4916848b8754e0969d74b25f8a5be385180000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d0000000000000000000000005cdbae5ede46fc4e9e46244bc6895a0ec1fa08f20000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d000000000000000000000000205a0014bfa014b0256b08aa5a55593ff4d2307c0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d0000000000000000000000006d473e4b7f1abc8e410341fa8fd07728c49cf7220000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d000000000000000000000000e4018769e3d96d92a1951fae5b32575e2df159dd0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    
  0x5d6b2a9d0000000000000000000000009475b675202aef1a1e9bde4db09d1517e79eee05000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000708    
    
  0x5d6b2a9d0000000000000000000000002d54ac7f084837a365e4ff3b304d2eeac04a51420000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000001e0    
    

Strategic Alignment

  • A core feature of hermes is its capability to create omnichain liquidity. Named Ulysses, this an unique capability powered by Layer0. This proposal aims to leverage this capability to access key eth mainnet Meme’s from all ulysses connected chains.
  • Ve3,3 system requires income from trade fees or bribes to give value to lockers of the emission tokens. This proposal aims to grow trade fees trough trade volume from fees the meme gauges.
  • Hermes Maia can ride the awerness wave around eth Mainnet Meme's in its communications

Market impact analysis

  • Unclear, these gauges do not exist yet. reference pool numbers are indicated

Market impact analysis

  • Hermes will be the only protocol offering ve3,3 yields many of the selected meme tokens.
  • Hermes will be the only protocol where the selected meme’s can be traded from any ulysses connected chain.

Risk assessment

  • Pools need to compete with more other pools for bhermes votes, leading to dilution of emissions per pools
  • Might attract more liquidity which does not have an interest to holding hermes but just to compound.

Ending note: This proposal created in accordance with the relevant guidelines for adding gauges as delineated. Creditting @IcarusOfCrypto for the selection of meme’s

Votes
Status