Chance Hey,
The pairing of OHM with Lobis has an upper limit of $5m. This was actually a direction that came from discussion with Olympus as a way to make a favorable token swap with the DAO. Linking Tex's comments so you may see their point of view here.
https://forum.olympusdao.finance/d/372-oip-44-implement-lobis-as-a-governance-arm-of-olympusdao/3
Regarding the initial funding, there is no team allocation, no pToken mechanics for raising and distributing to investors.
To clarify at launch, Olympus and the OHMies will have 100% of the available LOBI supply, to have some guidelines Olympus and Lobis agreed on an upper limit of $5m worth of liquidity on the pair, this doesn't have to be deployed all at once and will be determined by the two policy teams to ensure a correct outcome is reached.
Lobis DAO will have an operational treasury which has to be approved by the community to be spent on agreed grants, bounties, expenses etc. As OlympusDAO is the largest lobbying power they will have a lot of say in how it is directed.
We have had active discussions on the Olympus Discord as well as the Lobis Discord, you are more than welcome to join the conversation so we can explore this together further 🤝. Here is a link to our discord.
Given that price will likely change after launch it's easier to use symbolic numbers in an example. Let's say LOBI is priced at $400. $5m worth or 12,500 LOBI will be sent to OlympusDAO. They will pair this with OHM and provide initial liquidity to help bootstrap our launch.
This enables Lobis to focus more on accruing governance power for OlympusDAO rather than initial liquidity. From there on with every bond Olympus will get 1.1% as a fee. In order for anyone to compete with Olympus in terms of lobby power, they will have to buy the token in outsized amounts from a dex, this is likely to benefit Olympus through fees and an appreciation in asset value.
Let's say the Lobi token has appreciated due to demand, Olympus can bond some portion of the 12,500 LOBI to Lobis bonds and benefit from direct treasury appreciation whilst growing their governance power in Lobis.
**Lobis focuses on accruing governance for OlympusDAO & propagating OHM as a currency.
We sit at the foothills of Mount Olympus. OlympusDAO accumulates LOBI without further emission of OHM, increasing its backing.
Symbiotic.**