This page will act as a link to communicate on the upcoming Optimism Futarchy Grant.
Here is Venus’s initial proposal with details on how we expect to use the 100k OP grant if selected:
# Venus Proposal: Driving TVL & Adoption on Optimism
Overview
Venus is excited to join the Futarchy programme with a mission to drive TVL growth and further adoption on the OP chain. By leveraging a 100k OP grant, Venus.io aims to strategically enhance liquidity and promote robust market activity for core assets.
Proposal Details
1. Liquidity Incentives for Core Assets
- Objective: Establish deep liquidity pools for ETH, USDC, USDT and BTC on Optimism.
- Approach: Offer targeted OP rewards to liquidity providers to attract liquidity.
2. USDC Borrowing Incentives
- Objective: Stimulate lending activities and further liquidity on the network.
- Approach: Incentivize USDC & USDT borrowing, to drive lending and further liquidity…
3. OP Supply Incentives
- Objective: Strengthen the OP token ecosystem and promote its use as collateral.
- Approach: Encourage grant recipient deposits and support Venus users in utilizing OP as collateral, reinforcing the token’s utility.
Expected Outcomes
- TVL Growth: Enhanced liquidity across core assets and borrowing channels, leading to increased activity and TVL on Optimism.
- Ecosystem Adoption: Increased user engagement and market activity, supporting a sustainable and robust DeFi ecosystem on the OP chain.