Excited for this!
Finance
What is the expected return and in what token(s)? The hardest asset in crypto is some derivative of BTC (WBTC?) but I think ETH (WETH?) is the most desirable from a combined utility/monetary value perspective. What is the asset we are going to build the deepest liquidity around?
Diversification
This proposal is effectively a treasury diversification via LP for rewards (plus possible swaps), which is a strategy I support.
STIP emissions are likely to be ARB token, are we planning to hold ARB? Def a harder asset than COLLAB currently.
Alts
Clarification:
Price difference between deploy/removal of LP will determine the % of COLLAB converted to paired asset yes? e.g. COLLAB increases by 100%, 50% of deployed COLLAB will be converted to paired asset on LP withdrawal?
What is the intention for any tokens that we end up owning from removal of the various LPs?
liquidity
Asking for 11.5Mx6months = 69M $COLLAB total = ~14% of the treasury for liquidity is a big ask. How did you arrive at that requested amount?
fees
1.5M/mo in fees (~13% management fee) x 6mo = 9M $COLLAB
If all were held, this would put AlphaGrowth in the top 10 holders of COLLAB at 0.9% of the entire token supply, which is a bit extreme imo.
Management fee of 8% would be 0.92M/mo = 5.52M total seems more reasonable. These tokens should also be paid as time-locked tokens, not taken from unlocked liquidity tokens to ensure continued long-term alignment with Collab.Land Co-op.
team
Who is the team on this proposed subDAO multisig? You mentioned AlphaGrowth, but who are the persons/anons making decisions in this subDAO?
Please list the members of your Fellowship and link to any previous work:
Milestones and KPIs
Some of these critical questions from our proposal format are unanswered in your post.
Please list the critical milestone(s) that should be tracked to determine if you should receive your grant in one year: Critical milestone(s) demonstrates the proposal has been executed (a clawback is possible for failure to execute on critical milestones)
How should token delegates measure progress along this Journey:
(please include expected completion date for each)
possible milestones:
- Benchmark Milestone 1*
- expected number of partnerships
- Benchmark Milestone 2
- number of pools with value > ${XXX_USD_value}
- Benchmark Milestone 3
- number of pools with value > ${XXX_USD_value}
How should DAO Pass holders measure impact upon completion of this Journey?
possible KPIs:
- KPI 1 - number of partnerships
- KPI 2 - treasury value change rate (month-to-month )
- KPI 3 - amount of ${rewardAsset} acquired
- KPI 4 - amount of ${hardAsset} acquired