Proposal to add the PAL/ETH pool to the Gauge controller to enable users to assign a gauge weight and mint CRV.
Our proposal aims to deepen the PAL/ETH liquidity and provide a way to activate synergies between Curve and Paladin.
Paladin is a governance lending protocol that introduced influence market. Their goal is to increase the capital efficiency of governance tokens, raise turnout, without compromising the decentralization of a project. Most notably, Paladin released in January 2022 a boost marketplace for veCRV, now managing over 5m veCRV.
Paladin has invited veCRV voters to join the DAO during its bootstrapping phase by claiming an airdrop. We then introduced Warden, an app that seemed like a veBoost marketplace at launch, but will soon morph into a full stack boost and gauge marketplace for veCRV holders.
We believe the time has now come to request a gauge to deepen the liquidity and push traders to trade for PAL on Curve. This will invite more holders to provide liquidity on Curve and enable the DAO, who is a major liquidity provider to also start accumulating CRV.
Governance: The current Governance of Paladin is composed of a Forum to discuss Proposals, a Snapshot space to vote, and the execution (if needed) of a vote is currently handled by the Paladin team Multisig (Gnosis Safe, 3 out of 5, current members: Core team members, investors, community member). The Paladin DAO is currently in the process of moving from the current Multisig to a Community Multisig where the members are elected through the DAO voting process (PGP-8). This Multisig will receive admin rights over the smart contracts, as a temporary step before moving to on-chain Governance control of the smart contract (with a Timelock system).
Oracles: The protocol does not use Oracles.
-Warden doesn’t have an audit as it is not custodian of any funds outside of Warden
-Quest just finished an audit, which is currently being written
Centralization vectors: Paladin Loans need to be killed when close to the expiry date, which is currently made through a bot managed internally (but the methods to kill Loans are open to any user wanting to kill them and receive the killing rewards).
-Curve pool: Curve.fi 2 active since March 2021.
-TVL: $ 1.8 Million
For / Against / Abstain
Let’s boost the synergies between Paladin and Curve up a notch!