PGov
March 30, 2025, 8:46am
8
PIP-60 - Expansion of Project Miro token and staking system to Base
We voted For : We are in favor of leveraging Base’s growth, the enhanced staking flexibility and liquidity provisioning. Overall, the budget request is very reasonable and we think the Laita Labs team is well suited to deliver.
Some more thoughts here:
Some thoughts on Expanding to Miro
Leveraging Base’s Growth: It’s not secret of Base’s rapid growth in txns and TVL, and as a whole is a promising platform for ParaSwap’s expansion. Integrating with Base can enhance liquidity and user engagement, benefiting the entire ecosystem.
Cross-Chain Migration Facilitation: this is high priority and needs to be properly developed. A well designed tool will allow for seamless asset bridges from Ethereum and Optimism to Base.
Enhanced Staking Flexibility: By offering staking options on Base, users can have reduced transaction costs and faster interactions, in support.
Liquidity Provisioning: Ensuring sufficient liquidity on Base is crucial. The proposed migration incentives and support from Laita Labs are vital to bootstrap this liquidity effectively.
The request for $40,000 USD, appears pretty justified given the scope of development, auditing, and execution. Covering user gas fees during migration is a thoughtful approach to encourage adoption and demonstrate the benefits of intent-based execution.
We would love to see some more info on the incentives distribution on base, as well as indepth timeline of execution.