Protocol Owned Liquidity - Grape (This discussion is going to turn into a vote) Introduction The Grape Network is aiming to build a treasury that will back the community with a basket of assets starting with GRAPE-USDC LP. At a later stage, we will introduce a limited supply of bonds tradable fo…

This is exciting! Grape will own its own liquidity. Option two sounds better to me as it will not disincentivize folks from purchasing bonds. I like the idea of the longer period of vesting for bonds as well as borrowing the concept of dynamic rebasing from InvictusDAO. I think it would be very conv…

Although it all comes down to the variables you mentioned, that we need to decide upon, I really appreciate this idea! Having our own Grape-owned LP is awesome and it’s an important message we send. While the idea of Grape as a community token is a goal worth pursuing, signaling our members (and pot…

Very excited for this. Great work on the discussions and planning!

This is a very intriguing proposal! Is Grape building this internally? If not are we paying one of the ohm-like’s on solana via an Olympus pro style program?

Yes, we have contacted all the teams building the Ohm Pro services and we have selected an already solana established group (can’t leak the name atm). They will help us set it up for the grape treasury.

Sounds incredibly interesting and Olympus style bonding can be a great way to make liquidity protocol owned with all the benefits that this comes with. One question is, do we need this? Especially given the fact that we are moving ahead with an MM on a CEX? I would get why would, if we had decided …

If we don’t own our own liquidity, on-chain GRAPE liquidity will completely disappear once LM ends.

We will have nowhere near the ohm forks APY. Our bonds are going to be limited to the amount of grape that is sitting in our treasury. We will only be selling bonds for LP (at the start) which will allow us to maintain enough liquidity in the DEX world.

Really great job on the write up and capturing the complexities, and helping to distill it! [image] Whale_s_Friend: To be decided if this vote passes: A. Fee structure B. Redemption of the bond: Should the bond be partially redeemable (dynamic release of the coins per block) or all the coins …

Thanks for the feedback! If possible, I think bonds should only be allowed to release the tokens at the date of maturity. Otherwise, the dynamic release of coins per block/epoch disincentivizes LP staking that currently provides liquidity with steadily released emissions rewards, but is not locked…

Protocol Owned Liquidity (PoL) - Grape Community Treasury

DAO

Whale_s_Friend December 20, 2021, 9:42am 13

The vote for the proposal is here: Protocol Owned Liquidity Vote

Thank you all <3

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Protocol Owned Liquidity (PoL) - Grape Community Treasury

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