First of all, thanks a lot for your proposal. It’s clearly going in the right direction.
I think that we could do even better, by incentivizing only 2 pools instead of 4, thus increasing the overall liquidity of the ecosystem.
What you propose:
- WBTC/ETH - 1.25M UNI/month
- USDC/ETH - 1.25M UNI/month
- USDT/ETH - 1.25M UNI/month
- DAI/ETH - 1.25M UNI/month
What I propose:
- WBTC/ETH - 2.5M UNI/month
- mUSD/ETH - 2.5M UNI/month
What is mUSD ?
mUSD is backed by a basket of whitelisted stablecoins (USDC, TUSD,…). You can redeem at any time the constituents of the basket. You can also leverage the swap feature between any stablecoin of the basket to provide end users with 0 slippage between USDC and TUSD, for instance.
What are the benefits?
- Drastically increase the liquidity to hop in and out of speculative assets in Uniswap, instead of splitting the liquidity into 3 stablecoin pools: DAI & USDC & USDT
- Get access to a meta stablecoin, thus reducing the risk of unpeg
- Leverage 0 slippage swap between stablecoins
Long life to Uniswap 