# Discussion: CGP 61 (on-chain 68) - Governance owned cUSD-USDC Liquidity **URL:** \ **Category:** Governance\ **Created:** [August 2, 2022, 5:36pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036 "2022-08-02T17:36:33Z")\ **Posts on this page:** 6\ **Page:** 2
**Author:** ![Evan-Ubeswap](https://avatars.discourse-cdn.com/v4/letter/e/a9adbd/32.png) [@Evan-Ubeswap](https://forum.celo.org/u/Evan-Ubeswap)\ **Post date:** [December 20, 2022, 10:34pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/21 "2022-12-20T22:34:16Z")
hi @roman, would Mento consider adding this liquidity to a new stableswap pool on Ubeswap? ---
**Author:** ![roman](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/roman/32/5760_2.png) [@roman](https://forum.celo.org/u/roman)\ **Post date:** [December 23, 2022, 10:32am UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/22 "2022-12-23T10:32:03Z")
Hi @Evan-Ubeswap, Bogdan and I have selected Curve for this concrete proposal created by us but that does not mean that there cannot be an Ubeswap proposal as well. I personally am very open to that. In the end, Celo governance has to decide on these things and Mento Labs has no gatekeeper power/role in this system - the Curve proposal is really more of a suggestion from me and Bogdan personally, instead of a Mento Labs proposal. So please feel free to start a separate discussion around this in the forum and see whether you can rally up support for a Ubeswap liquidity allocation from the reserve. If you need some advice on the process etc, I am happy to help, just DM me! ---
**Author:** ![Evan-Ubeswap](https://avatars.discourse-cdn.com/v4/letter/e/a9adbd/32.png) [@Evan-Ubeswap](https://forum.celo.org/u/Evan-Ubeswap)\ **Post date:** [December 23, 2022, 6:55pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/23 "2022-12-23T18:55:09Z")
Ubeswap would love to move forward on this. Is there a reason why Mento prefers Stableswap pools rather than Concentrated Liquidity pools? ---
**Author:** ![roman](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/roman/32/5760_2.png) [@roman](https://forum.celo.org/u/roman)\ **Post date:** [December 28, 2022, 4:38pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/24 "2022-12-28T16:38:36Z")
No strong preference on my (personal) end of Stableswap over Concentrated liquidity. I think Stableswap pools are a bit easier to operate in the USD-to-USD token case but both work fine I guess. ---
**Author:** ![roman](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/roman/32/5760_2.png) [@roman](https://forum.celo.org/u/roman)\ **Post date:** [December 28, 2022, 4:40pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/25 "2022-12-28T16:40:08Z")
The CGP to migrate Mobius liquidity to curve has been submitted on chain (on-chain id #80): [governance/cgp-0069.md at roman/cgp-curve-liquidity · celo-org/governance · GitHub](https://github.com/celo-org/governance/blob/roman/cgp-curve-liquidity/CGPs/cgp-0069.md) Waiting for governance approvers now before it will make it to voting stage. If anyone has questions on the proposal, please let me know. ---
**Author:** ![roman](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/roman/32/5760_2.png) [@roman](https://forum.celo.org/u/roman)\ **Post date:** [January 5, 2023, 12:14pm UTC](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036/26 "2023-01-05T12:14:58Z")
The 20M cUSD\<-\>USDC Curve pool proposal is now in voting stage - please cast your vote!! > **[Celo Governance by Staking Fund](https://celo.stake.id/#/proposal/80)** > > Stake ID helps you search and explore the Celo blockchain for governance, addresses and key statistics. [Previous page](https://forum.celo.org/t/discussion-cgp-61-on-chain-68-governance-owned-cusd-usdc-liquidity/4036.md?page=1)