Summary
Alterscope proposes an incentive matching in rEUL for a ynEth market worth a total value of $6,000 over two months.
About Alterscope
Alterscope provides the platform for processing and modelling risk in real-time across chains, protocols, and liquidity pools.
YieldNest is offering incentives of 1.5 ynEth and we propose a matching incentive under the Reward EUL (rEUL) program.
Incentive Program Structure
● Markets: ynEth
● Matching Request: 1.5 ynEth (total value c. $6,000)
● Incentive Program Proposal: $6,000 in rEUL over two months for ynEth (supply side)
Rationale & Benefits for Euler DAO
● Bootstrapping LRTs: Incentivizing users to establish Euler as their go-to lending platform for LRTs.
● Enhancing Liquidity Dynamics: Enabling looping options for LRT collateral in vault cluster.
● Additional Revenues for Euler DAO: Currently, markets are set up so that all revenues go to Euler DAO (may be subject to changes in future).
Community
● X/Twitter: x.com
● Telegram: Telegram: Join Group Chat
We welcome feedback from the community and look forward to aligning with Euler DAO to grow.