IPTMan Delegate Platform

Updates & Announcements
#42

8/20 CC: Attended

#43

8/29 CC: Attended

Main topic the 40K IPT proposal for next 4 epochs (link) of Velodrome IPT:USDC LP incentives. I am told by Velodrome team they will continue VELO:IPT LP voting incentives but these are ramping down. I think we should just focus on IPT:USDC LP. I pulled most of my own liquidity and let rates climb to as high as 400% APR but don’t really get much traction with LP or on price even with the limited liquidity. Rates are still above 200% APR.

Biggest topics I’d like to see get completed, done.

  1. Velodrome CL LP collateral up and working
  2. IP governance moved to Optimism.
  3. $OP rewards for $OP deposits delegating to $OP governance (will add link later).
  4. having USDi be automatically wrapped so we can use IPT:wUSDi LP and incentivize that pool instead of IPT:USDC as Velodrome devs confirm rebasing tokens will break in LP pools on Velodrome v2 with CL.
  5. Think about how we are going to incentivize USDC deposits into the protocol. We paid a heavy price using IPT for that purpose with IPT price dropping from initial $.25/IPT price to basically $.03-.05/IPT
2 Likes
#44

9/24 CC: Attended

Sad to say here. I was really excited to be able to get Velodrome v3 CL assets added to IP and ready to promote/push this feature. But without GFX smart contract developer manpower it looks like Interest Protocol is dead in the water.

2 Likes