Summary:
Integrate Rari Capital’s $RGT liquidity mining program into yVaults. Proposal by the Rari Capital team
Background:
Rari Capital, a robo-advisor platform that takes deposited stablecoins (or ETH in their ETH pool that maintains price exposure) and reallocates to the highest yield opportunities based on risk portfolio for their select pools has launched its governance token and public liquidity mining program.
Abstract:
If implemented, this proposed change would add the $RGT (Rari Governance Token) liquidity mining program amongst current yVault strategies, giving the yVaults a new yield-bearing farming strategy to increase stablecoin alpha.
Motivation:
Rari Capital is currently launching its v2 product with a governance token public liquidity mining program, which gives a great opportunity for new yield. Deposits into the protocol itself provide a yield (equipped with integrations for rebalancing including yEarn) on top of new $RGT distributions. This will improve the yVault alpha. The pools offer the chance for both stablecoin yVaults and the ETH yVault to earn $RGT.
For: Add Rari Capital’s $RGT liquidity mining program to yVaults
Against: Don’t add Rari Capital’s $RGT liquidity mining program to yVaults
- Yes
- No
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