id: 197 period: 4 title: CompX - xUSD → COMPX Staking author: Kieran Nelson (@xxiled-plastic-cat) discussions-to: xGov-197 - CompX - xUSD -> COMPX Staking company_name: CompX Labs category: dApps focus_area: DeFi funding_type: Proactive open_source: Yes amount_requested: 60000 delivery_d…

Wow :star_struck: I this is great :blush: getting a plan together to help Algorand have it’s own native sable coin and give the community power to push Algorand to be a stronger ecosystem

The consequences of TDR passing for certain protocols are unfolding. CompX/xBacked vaults have been gaining a lot of attention, new users, ASA options, etc. All great, but when xUSD is minted it is hard to compete with USDt/USDC farming and pool options. I do think incentivizing xUSD–>CompX staking …

Haha, someone had to make that joke - I’m surprised it took this long! Great suggestions - we do want to start with a high APY so we can discourage the sell for USDC behaviour but it will have to balances against other rewards. If our TDR proposals pass then that’s easier but if not we’ll work it …

Contracts are set up and can be verified. UI is on its way which will allow standard testing. Any issues/comments etc please raise in GitHub: [image] GitHub - compx-labs/staking-contracts Contribute to compx-labs/staking-contracts development by creating an account on GitHub. …

Contract is now live on mainnet for use. I believe we’ve satisfied our deliverables - @Adri

Deposited yesterday and its humming along. Thanks for all the hard work, great to see it up and running.

Work and deliverables complete: GitHub - compx-labs/staking-contracts Staking pools available at CompX

Thanks @Xxiled - It’s queued up with the team for deliverables review.

I’m staking on CompX right now, everything is working great :+1: Thanks for this, and I’m excited to see what’s next

Wow :star_struck: staking is working great just deposited some xUSD the other day :slightly_smiling_face::grin: CompX is moving right along

xGov-197 - CompX - xUSD -> COMPX Staking

Governance Discussions xGov Proposals Pilot

dashawn.algo August 6, 2024, 8:29pm 11

Wow staking is working great just deposited some xUSD the other day CompX is moving right along

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xGov-197 - CompX - xUSD -> COMPX Staking

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