Proposal to Add wA7A5/USDT Pool to Gauge Controller

Gauge Proposals
#1

Summary:

This proposal seeks to add wA7A5/USDT to the Gauge controller on Curve Finance. It’ll attract more liquidity providers, increase reliability of the token and bring more volumes to Curve itself.

References/Useful links:

Protocol Description:

wA7A5 is a wrapped version of A7A5 token

A7A5 is a stablecoin, maintaining a 1:1 peg to the Russian Rouble. It’s backed with fiat deposits in top-tier banks with a correspondent network connected to Kyrgyz Republic and accrues high overnight interest rates via rebase mechanics. A7A5 is committed to transparency: reserve reports are updated weekly, and independent firms conduct external audits quarterly ensuring full accountability and trust.

A7A5 leverages blockchain technology to provide users with direct exposure to the Russian Rouble. Token generates revenue from the interest earnings on the collateral at banks and automatically distributes 50% of this income to all token holders, without any required actions from users - you have just to hold it in your wallet. A7A5 is issued under the newly adopted crypto regulations of Kyrgyzstan and is supported by the national government, ensuring regulatory clarity and institutional backing. Token’s framework integrates Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, ensuring adherence to regional regulations.

Now we’re actively working on launching liquid and trustworthy trading pair on CEX/DEXs, the next milestone - give our holders additional utility through lending and margin markets.

Motivation:

We want to make A7A5 more liquid and establish decent pair on Curve Finance DEX. Incentivization will attract more liquidity to the wA7A5/USDT pool, increasing project’s stability and presence across DeFi. Also it’ll bring more volumes to Curve Finance, making it a win-win situation.

Specifications:

  1. Governance: reliability and transparency are the main cornerstones of our project. All the governance is performed by regulated legal entity in Kyrgyzstan in line with legislatory framework
  2. Oracles: the main peg mechanics it that 1 A7A5 is backed with 1 Rub. Price Oracle will be incorporated in the nearest future, in order to ensure accurate and reliable price feed for A7A5.
  3. Audits: A7A5 has been deeply audited by the cybersecurity firm - Decurity. Also, now we are at the stage of discussion with several other leading auditor firms.
  4. Centralization vectors: The real deposits backing A7A5 tokens are managed by the operations team of the regulated legal entity in Kyrgyzstan. On-chain activities are overseen by a group of signatories comprising members of the executive team, ensuring secure and efficient management of the protocol’s assets.
  5. Market History: A7A5 has been deployed in early 2025, has maintained strong peg with it’s underlying asset, without any price deviation, and currently has $102m TVL. Curve pool has been deployed recently. We expect more inflows after the incentive injections.