Protocol Fee for Protocol Owned Liquidity

Proposal discussion WIP: OIP
#21

I do think POL is a good mechanism in general. Perhaps it is a good idea to start off with POL with the protocol fee + OMM Rewards, monitor LP activities, and consider reducing OMM rewards for LP portion after a while?

2 Likes
#22

I think that’s a good start @oDK

1 Like
#23

Yeah, definitely start small and test the waters.

#24

I 100 percent agree with Rook about not making protocol decisions on the price. Zoom out and think about the big picture. It is too easy to get caught up in tomorrow instead of thinking about 10 years from now.

#25

I agree, but with the DAO fund 2/3rds OMM.

The best solution to increase DAO funds (value) is to provide reason to hold or buy OMM.

If OMM was to increase by 10% in price, that is a significant increase in DAO value.

I wouldn’t be pushing this point if view of the DAO wasn’t 2/3 OMM.

I know not everyone likes my point of view.

But please tell me if I’m wrong?

#26

ok I will post the proposal on OIP without reducing OMM rewards for LP providers.