Hey! Bruno here from Fei community!
Fei is already a partner in StakeDAO Fuse pool by seeding FEI there. I would like to bring the discussion about a new kind of partnership, the Liquidity-as-a-Service (LaaS) offering.
Liquidity Mining attracts capital at a high cost, LaaS is a cheaper alternative.
With LaaS, projects can get immediate liquidity without issuing more tokens and upfront capital costs. Fei & Ondo Finance help by doubling their liquidity.
DAO allocates tokens to an Ondo Vault; this amount is combined with Fei to LP on Uniswap or Sushiswap. Currently, the program lasts 30 days and at the end of the period, DAO would pay a 0.17% fee (2% annual fee divided by 12 months) on the total value of the governance token deposited in the vault. This 0.17% fee can be partially, if not fully covered. This will depend on the accrued trading fees of the vault and the impermanent loss that are kept by the project.
You can use this worksheet to make simulations.
It is a good way to increase liquidity with a much lower cost than liquidity mining and to gain awareness by participating in this innovative partnership.
Fei is finalizing the selection of launch partners for LaaS. Those selected to be part of the launch group can benefit from the low fees associated with the group.
More resources on the Liquidity-as-a-Service here: Medium Article.
I would love to hear StakeDAO community about this idea.