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Badger DAO founder Spada stated that Badger DAO and UMA protocol are collaborating to enable users that have their WBTC/ETH Sushi LP or Badger (Currently about $325M worth) positions staked in the Badger Sett Vaults, to mint synthetic stablecoins sCLAWS and bCLAWS.
Badger and UMA are splitting LP incentives for this initiative. Weekly incentive of SUSHI for each of these pools would be higher than the current Onsen program permits. Through Badger vaults, any Sushi that is earned by the LP’s will automatically be staked for xSushi and distributed back to the users in that token.
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