# Stablecoins rewards

**URL:** <https://gov.magpiexyz.io/t/stablecoins-rewards/130>\
**Category:** 3. Community Ideas\
**Created:** [January 21, 2023, 4:45pm UTC](https://gov.magpiexyz.io/t/stablecoins-rewards/130 "2023-01-21T16:45:29Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![tonystou94](https://avatars.discourse-cdn.com/v4/letter/t/c2a13f/32.png) [@tonystou94](https://gov.magpiexyz.io/u/tonystou94)\
**Post date:** [January 21, 2023, 4:45pm UTC](https://gov.magpiexyz.io/t/stablecoins-rewards/130/1 "2023-01-21T16:45:29Z")

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Hello everyone, since everyone wants magpie to get more vewom in its treasury, there is a way to improve that.

Solution

Change stablecoins rewards from WOM to mWom, using smartconverter on 10% (same as vlmgp).

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**Author:** ![Martybsc](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/martybsc/32/39_2.png) [@Martybsc](https://gov.magpiexyz.io/u/Martybsc)\
**Post date:** [January 21, 2023, 4:55pm UTC](https://gov.magpiexyz.io/t/stablecoins-rewards/130/2 "2023-01-21T16:55:36Z")

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This is an interesting idea, it may bring more selling pressure to mWOM but is really cool, maybe its possible to offer 50% WOM and 50% mWOM to liquidity providers?

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**Author:** ![tonystou94](https://avatars.discourse-cdn.com/v4/letter/t/c2a13f/32.png) [@tonystou94](https://gov.magpiexyz.io/u/tonystou94)\
**Post date:** [January 21, 2023, 4:59pm UTC](https://gov.magpiexyz.io/t/stablecoins-rewards/130/3 "2023-01-21T16:59:46Z")

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Yes but buying too, if it is more than 10% smartconverter will be used.

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**Author:** ![ksl](https://avatars.discourse-cdn.com/v4/letter/k/82dd89/32.png) [@ksl](https://gov.magpiexyz.io/u/ksl)\
**Post date:** [January 22, 2023, 1:15am UTC](https://gov.magpiexyz.io/t/stablecoins-rewards/130/4 "2023-01-22T01:15:28Z")

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those stablecoin LP might not have faith in Magpie, probably they will convert their mWOM into WOM, resulting in depeg in mWOM/WOM .

So is prefer to pay them in WOM, and they can exchange to mWOM if they like to, which will then help in maintain the peg in this way.
