Proposal for USTC Integration into WLFI:
- Strategic Partnership:
- Establish a strategic partnership with the Terra Classic community, responsible for USTC.
- This partnership would demonstrate WLFI’s commitment to decentralization and supporting innovative projects in the crypto space.
- USTC Integration as an Asset on WLFI:
- List USTC as a tradable asset on the WLFI platform, allowing users to buy, sell, and trade the token.
- Integrate USTC into WLFI’s financial products and services, such as lending, staking, and payments.
- USTC Utilization in WLFI’s DeFi Applications:
- Explore use cases for USTC in DeFi applications developed by WLFI, such as decentralized exchanges (DEXs) and lending protocols.
- This would increase USTC’s utility and drive its adoption.
- Incentives for the Terra Classic Community:
- Offer incentives to the Terra Classic community, such as WLFI token airdrops and reduced trading fees.
- This would encourage USTC users to migrate to the WLFI platform.
Benefits for WLFI:
- Access to an Engaged Community:
- The Terra Classic community is known for its strong support of USTC, even after the depeg.
- Integrating USTC would attract this engaged community to the WLFI platform, increasing its user base.
- Asset Diversification:
- USTC would add diversification to WLFI’s asset list, providing users with more investment options.
- This would make the WLFI platform more attractive to a wide range of investors.
- DeFi Innovation:
- USTC integration would open up new possibilities for DeFi innovation on the WLFI platform.
- WLFI could explore unique use cases for USTC in its DeFi applications, differentiating itself from other platforms.
- Reinforcement of Credibility:
- Although there was a depeg, the USTC still has credibility and community support, which would reinforce WLFI’s credibility.
- By showing that WLFI is willing to give a second chance to projects with great potential, even after difficulties, it establishes itself as an innovative platform.