BIP 44: Integrating bwbtcBadgerSLP & bwbtcBadgerUNI-V2

BIP | Badger Improvement Proposals
3

Hey, appreciate the feedback :slight_smile: Will take the time to do my best to respond to your questions:

  1. The high level aim of this proposal is to promote the use of BADGER assets, specifically the BADGER/WBTC LP pair in the wider DeFi ecosystem. This campaign will incentivise those who mint and LP with both BADGER and ARCx tokens.

  2. No, this is a non-expiring stablecoin that has been live for 6+ months and is currently holding $30m in assets (pre-token launch). We’re also backed by some of the top names such as 1kx, Electric Capital and more.

  3. Yes you can sell the stable. There is over $10m of Curve liquidity that you can tap into.

  4. Parameters will be 150% c-ratio with 10% liquidation penalty.

  5. Primary use case atm is to either become a STABLEx/3POOL LP and stake to earn ARCx and BADGER tokens or mint with the LP tokens then swap STABLEx for USDC/DAI/USDT

Hope that answers your questions, more than happy to elaborate further if it still doesn’t make sense.

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