Launch of Wagmi Leverage Products on Metis and Kava Networks
This proposal seeks to expand Wagmi’s DeFi offerings by introducing leverage products on the Metis and Kava networks.
The core purpose is to enable Wagmi’s leverage capabilities to Metis and Kava networks, thereby enhancing market reach and user options.
Section 1: Summary/Scope
- The aim of this proposal is to authorize the deployment and launch of Wagmi leverage products on the Metis and Kava networks.
- The action involves finalizing the development and deployment of Wagmi leverage smart contracts on the specified networks.
- Objectives include increasing Wagmi’s user base, diversifying its DeFi offerings, and capturing new market segments interested in leverage trading on Metis and Kava.
Section 2: Main Objective of the Proposal
- Motivation for Proposal:
- To finalize and launch Wagmi’s leverage products on the Metis and Kava networks, capitalizing on the finalization phase of the leverage product development.
- The code for the leverage product is already audited, ensuring security and reliability.
- Leverage the unique features and user bases of Metis and Kava for broader market penetration and offer more options for leverage trading.
- Expected benefits include:
- For Wagmi: Enhanced market presence and potential revenue streams.
- For Users: Increased options for leverage trading on mentioned networks, with the assurance of audited smart contracts.
- For Metis and Kava Networks: Increased activity and utility through the introduction of new financial products.
- To learn more about Wagmi leverage, users are encouraged to visit our GitBook: Wagmi Leverage on GitBook
Section 3: Timeline
- Proposal Voting: Within 2 days from proposal submission.
- Official Launch: Targeted for within a week from proposal acceptance.
Section 4: Summary
This proposal requests the Wagmi DAO community’s support to proceed with the final steps towards launching our leverage products on the Metis and Kava networks. A positive vote will empower us to enhance Wagmi’s DeFi ecosystem, offering innovative trading options and securing our position as a leader in the space.
