Hi everyone,
Amazing proposal here, many thanks to the Olympus team for publishing it!
We have seen the success of Olympus in acquiring its liquidity through its liquidity bond mechanism, and it woul be amazing to enable this for Stake DAO.
A few adjustments might be needed with regards to inflation to make this campaign successful:
1/ Inflation for liquidity providers has already reduced significantly in the past months: to not penalise our liquidity providers we should keep a flat inflation for them, notably for the Sushi pool, subject to the campaign.
2/ To avoid an increase in selling pressure resulting from this bond mechanism, the sanctuary needs to be attractive. In general, our sanctuary had a fairly low APY for the past months, and we feel it’s time to reward more our faithful users. Therefore we could redirect part of the inflation towards the sanctuary, on top of current buybacks, to achieve a 60%+ APY.
3/ 200k SDT for 4 weeks for bond acquisition corresponds to a 1.07 SDT per bloc
Please find here the proposed allocation if the proposal was to pass.
