The owner of the LP would be the Optimism Collective. They would be LPing the tokens, they’d have governance rights over the constituent tokens, and they would be earning fees and emissions on these tokens.
If the Optimism Collective wants to create such endeavor, they would need to create such a proposal and go thru both houses.
Then feel free to substantively rebut our estimates or assumptions. So far nobody has.
Napkin math here. Of the 40M to be distributed over Phase0, around 18M have been done so far. Those protocols haven’t started with their incentives. The End.
On a side note: It’s clever to frame the discussion here for price since discord has a strict no price talk.
If your proposal tries to tackle governance participation, the issue is very different and this proposal does nothing.
There is a governance apathy because people being people (Solving voter apathy) , will only look at their own short term incentives. The second issue is the delegation/voting excludes all but OP sitting in a wallet. You can’t LP it and you can do anything remotely composable for it. If you want to create a meaningful or different product that will have an outstanding backlash from the community, create a wrapper for OP, make it composable for yield and/or money market, and used the underlying OP for delegation to yourself.
As a final note, this forum is very active on the topics that draw interest (not counting the users that create an account to make one comment at the behest of some protocol’s proposal). That your proposal has garnered 29 responses in less than 24hs, BUT all of them are rebutals, should tell you everything you need to know on why it’s incorrectly framed.