marls88

  • Feb 7, 2022
  • Joined Nov 29, 2021
  • marls88 Yes but the question is on how valuable permanent liquidity of Umami-gOhm is at this stage? *Deleted a portion as I now understand what you meant by liquidity mining.*

    If Umami uses heavily discounted bonds, then the gOhm-Umami LP will become diluted. That's why it'd be nice to know more about the roadmap for Umami. Because we could take the same Ohm and strengthen another pool somewhere instead?

    I think I lean in favour of the proposal if no Proteus incentives are included. Just would like to see a bit more information and discussion as a whole on the topic. If Umami is not worth acquiring for Olympus, then it's just liquidity building with extra steps. Olympus can create the gOhm-ETH pools itself. But by having Umami partake in the process, they are basically an Olympus branch on Arbitrum. The upside for Umami is considerable I feel but it may leave Olympus diluted and without much to really show for it at the end.