Proposal # 994
Add BOBO/WETH to the Gauge Controller
Summary
This proposal seeks to add the BOBO/WETH liquidity pool to the Curve Gauge Controller, allowing CRV emissions to incentivize liquidity providers. BOBO is a rapidly growing token with a strong community presence, and integrating it into Curve will enhance liquidity depth, trading efficiency, and adoption for both Curve and BOBO.
Motivation
Adding BOBO/WETH to the Gauge Controller provides multiple benefits:
-
Increased Trading Volume for Curve – BOBO has a highly engaged and expanding user base. Supporting BOBO will attract new users to Curve, boosting Total Value Locked (TVL) and swap activity.
-
Deepening Liquidity for BOBO – A BOBO/WETH pool on Curve will provide deeper liquidity, reducing slippage and improving trade execution for both retail and institutional users.
-
Strengthening Curve’s Dominance in DeFi – Supporting promising tokens like BOBO reinforces Curve as the go-to platform for efficient, low-slippage trading.
-
Expanding the Utility of BOBO – Having a deep, incentivized liquidity pool on Curve enhances BOBO’s usability across the DeFi ecosystem, making it more attractive for trading and integrations.
-
Synergy with Ethereum Ecosystem – Pairing BOBO with WETH aligns with Ethereum’s liquidity base, ensuring seamless interactions across DeFi protocols.
-
Multi-Chain and Exchange Presence – BOBO has already expanded beyond Ethereum to multiple blockchains, increasing its accessibility and adoption. Additionally, BOBO is listed on several centralized exchanges (CEXs), further strengthening its market presence and demand for deep on-chain liquidity.
Specification
• Token Pair: BOBO/WETH
• Pool Type: Volatile Pair (to optimize for non-stable assets)
• Incentives: CRV emissions to reward liquidity providers
• Liquidity Commitments:
• I, LiquidBobo, have seeded the BOBO/WETH LP with $30,000.
• The BOBO community may also provide additional liquidity to drive adoption and support a robust trading environment.
• BOBO/WETH LP Address on Curve Finance: 0x7a4AdfbC173E2D4f224f11496b0d0ef86F336091
BOBO/WETH Gauge Address: 0xc69f26575943672c9f65ef747f442b14d52d5328
Technical Considerations
• BOBO is an ERC-20 token and fully compatible with Curve’s infrastructure.
• Existing Curve mechanisms support volatile asset pairs like BOBO/WETH.
• @rekt_tekashi burned the Uniswap LP, demonstrating his strong commitment to BOBO and its long-term success.
Additional Resources
BOBO Meme Website: https://bobomemes.com/
BOBO Linktree (Socials & Resources): BOBO THE BEAR | Linktree
Conclusion
The addition of a BOBO/WETH gauge will be a win-win for Curve and BOBO. Curve benefits from increased TVL and trading activity, while BOBO gains deeper market liquidity and exposure. BOBO’s presence on centralized exchanges and multiple blockchains ensures sustained demand and a growing user base, making it a strong addition to Curve’s ecosystem. Thank you for your consideration. Bobo Billons!
These tears are for you.