Summary
This proposal seeks approval to allocate $20,000 from the PikuDAO Treasury to provide liquidity to the frxUSD/USP pool on Curve Finance. The liquidity will be added in a balanced manner using $10,000 worth of frxUSD and $10,000 worth of USP, contributing to the depth and efficiency of the pool.
Rationale
Providing treasury-backed liquidity to the frxUSD/USP pool strengthens on-chain liquidity, reduces slippage, and improves price stability for USP. Deeper liquidity on Curve supports more efficient swaps and enhances USP’s peg resilience by enabling smoother arbitrage flows. Additionally, deploying treasury assets into liquidity provisioning ensures productive use of capital while maintaining flexibility, as LP positions remain withdrawable and fully under DAO control. This initiative also expands USP’s presence across key DeFi liquidity venues, supporting broader adoption and integration.
| Total To Be Deployed | frxUSD | USP |
|---|---|---|
| 20,000 USDC | 10,000 USDC-equivalent frxUSD | 10,000 USDC-equivalent USP |
Network: Ethereum
Source: DAO Treasury Wallet - 0xe08b04Aa20F16fD0d5c38A98731d2d812bf8a36F
Curve Finance Pool Link: