[READY][GF: Phase 1 Proposal] Velodrome Finance

These are very interesting ideas, ser. I would love to explore them, but simply do not see any way to do so without putting the proposal at risk given the conversation around this topic so far. I think it’s probably best to discuss in the period between seasons (when no proposals will be live) to see if we can get guidance from the Foundation for a universal solution that can benefit all protocols equally. I hear they may be working on something already.

Exactly right. VELO emissions to boosted pools will represent a 1.6x multiple on the underlying value of the grant alone. This will reduce the need to lean on direct OP grants alone to incentivize liquidity and help the grant programs sustain for a longer period.

Are you talking about bribe matching in their cases or treating their pools as “public goods”?

Again, I think we’re already seeing a ton of composability on Velodrome without needing to offer targeted grants to create it. Every incentive we offer is (in many ways) a builder grant. In fact, I would guess that after Synthetix we are probably the most built upon protocol on Optimism at the moment. My opinion is that it is much more equitable efficient to do this by reducing costs universally to protocols versus issuing prescriptive / restrictive grants. I’m also skeptical that we have seen any real results from any protocols who included “builder grants” as part of their requests, though maybe @jackanorak would know.

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