$Octo War
Last updated
Last updated
LSD Summer is coming. More and more DeFi apps will issue their own LSD or compete for LSD liquidity. And OctoLSD can help them attract LSD & ETH liquidity very well.
DeFi protocols that want to get more LSD or ETH liquidity can create their own LaunchPad Pool on OctoLSD, and strive for higher APR ($veOcto rewards) for their own Pool, so as to attract more OcETH holders Someone will provide liquidity.
Voting is required for both "adding new pools" and "striving more $veOcto rewards for pools". And more $veOcto means more voting power(or bribery $veOcto holders).
This will cause a scramble for $veOcto and its governance value, which is called Octo War (just like Curve War). It is essentially a LSDÐ liquidity war.