Proposal to add S/USDC.e a to the gauge controller

Gauge Proposals
#1

Summary:

Proposal to add gauge support for the S/USDC.e CryptoSwap pool on Sonic.

Abstract:

Our proposal aims to deepen the S/USDC.e liquidity using the new crypto ng type of pool.

References/Useful links:

Website: https://www.soniclabs.com/

Social: x.com

Litepaper: Sonic Litepaper | Where Builders Come First

Docs: https://docs.soniclabs.com/

Audits: Audits | Sonic Documentation | EVM Layer-1 Blockchain

Overview:

$S is the gas token of Sonic, a high-performance EVM-compatible Layer-1 blockchain designed to power decentralized applications (dApps) with speed, scalability, and developer incentives. It supports up to 10,000 transactions per second with sub-second finality, making it a robust infrastructure for modern DeFi and blockchain use cases. Developers can build using familiar tools like Solidity and Vyper, while users benefit from reduced costs and seamless interaction with decentralized systems. Sonic is by the creators of Fantom Opera which reached a peak TVL of circa $14.5 billion in 2021.

Motivation:

The S/USDC.e CryptoSwap pool allows building a deep liquidity sink for the $S token as well as serving as an alternative decentralised on chain oracle for S/USD that can be leveraged in addition to offchain solutions like Chainlink, Redstone and Pyth.

Specifications:

Voting Options:

For / Against / Abstain