We will vote for this deployment without any incentives. This is based on our analysis of the on-chain environment of X Layer.
While Curve has $5M TVL, the complete TVL is in a single USDC-USDT pool, with a wallet labelled “OKX Hot wallet” owning 100% of the pool. All other pools essentially have 0 liquidity and the DEX also has $0 24h volume.
Similarly, on Quickswap, there is a single wallet that has supplied $2.7M (76% of the total TVL).
Based on this, we feel incentives are premature.