Curve Finance has submitted a regulatory proposal of Optimism for the grant of 1 million OP tokens according topostIn the Optimism forum submitted on July 24th.
Curve is the largest liquidity pool for token exchange, while Optimism is an Ethereum Layer 2 protocol where Curve’s total monetary value is currently locked at Optimism. $17.4 million with average trading volume $3.4 millionper week happening with Curve pool in Optimism
According to the offer, 1 million OP tokens with a current value of $850,000. will be distributed in 20 weeks on Curve which means 50,000 OP token It will be distributed weekly to the Curve pool if the offer passes.
These tokens will act as an incentive to liquidity providers (LPs) on Curve pools on Optimism, with tokens being released weekly.
There are currently three Curve pools on Optimism: sUSD, sETH, and sBTC, with these three pools receiving 50,000 OP tokens released weekly. But that number is expected to increase over time.
This grant will help boost liquidity. And these rewards can help attract more LPs to provide liquidity to the Optimism pools, expanding the decentralized financing of the Layer 2 network.
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