Stablecoins

By creating or supporting Ideas with the tags [updraft] [vote] and [stablecoins], you're voting to decide which stablecoins will be:

  • Included in the funding token dropdown list in the "Create Solution" page.

  • Paired with UPD in liquidity pools deployed on supported networks.

Networks

Rules

Eligibility

Ideas using the tags [updraft] [vote] and [stablecoins] will be counted in the vote.

Counting

The 🔥interest for each choice will be recorded at the end of the voting period. Interest from Ideas clearly representing the same choice will be combined.

Voting period

Voting will start with the deployment of the Updraft smart contracts on Arbitrum and will end when Updraft Idea and Solution contracts have a combined TVL of $10M worth of UPD for 10 straight days.

Results

Any stablecoin with over 10% of the total 🔥interest in Ideas with the [updraft] [vote] and [stablecoins] tags will be supported in the Updraft App.

The winning stablecoins will be included in the "Create Solution" token dropdown in order of 🔥interest.

The winning stablecoins will be paired with UPD in at least one liquidity pool. The amounts paired will be proportional to the 🔥interest each choice received.

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