LFGrow
OIP 51: Strategic Asset Whitelist
While I realise the token list is just a proposal, if we're interested in accumulating governance tokens, then LQTY is not going to provide that as it is simply a reward token with no governance power attached to it.
Perhaps INST would be worth considering, which is the governance token of a decentralised protocol, and one that I feel is trading currently well below it's fair market value, considering the TVL in the protocol, the fact that most flashloans on Etherium occur via InstaDapp, and the potential revenue streams open to it in the future. It is soon to institute fees as the first revenue generator for the protocol. The team building InstaDapp is continuing to push out updates, adding more protocols that can be managed via their dashboard, as well as new functionality. If OHM is to become the reserve currency of DeFi, it would make sense to partner with the leading middleware protocol by accumulating their governance token. Adding Olympus to the InstaDapp dashboard would give investors using InstaDapp, and the $11.8b they invest through it into Aave, Maker, Compound and Liquity, an easy on ramp to OHM, as well opening up OHM / sOHM for use as collateral for lending and borrowing in these protocols.
Put one portion for the alt coins that might do 100x..
yes please
Yes
plz consider UOS as well
juxta I believe it was said that even if the team has this list we approve here that they would seek approval for each one as they onboarded them. So that limits the issue of them front-running. I mean I guess they could realistically go in a day or so before the community found out but it would not be that big of a deal as they have laid it out. On the flipside if someone would like they could go ahead and buy a little of everything on the list now. But your point is valid and others share the same concerns but at least they are and have been addressing it.
Could you please further clarify this “ All of the assets we will be targeting will always go for public vote, we will not be targeting assets that are not approved by the community.”?
Did I get it correctly - we will see a list of assets treasury is considering for deep dive analysis and we vote before the analysis starts?
- When we see the list - what do we know at that point about the rationale for inclusion?
- what if we don’t see the same potential in an aasest that treasury believes in (and community strikes it from the list - will treasury team “just accept” it or would you provide more info, etc)
- How often do we see a new list (e.g. buying cycle is monthly or “here’s the list - we will come back once the approved assets been all bought and we are looking for more)
- Once we’ve voted on assets to be included - what are you next steps (what info will the team provide about each asset once the final pick has been made and assets purchased)?
IMHO to understand criteria for targeting and evaluation of each asset before voting is extremely important
I'm in