# \[proposal\] COLLAB single-sided liquidity deployment

**URL:** https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147
**Category:** 💱 $COLLAB token
**Tags:** season-1
**Created:** [November 13, 2023, 3:10am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147 "2023-11-13T03:10:08Z")
**Posts on this page:** 20
**Page:** 1

<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 13, 2023, 3:10am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/1 "2023-11-13T03:10:09Z")

</div>

**Season 1 [Orientation](https://gov.collab.land/t/proposal-types-templates/33#season-1-orientations-4):**  
$COLLAB Token

**Proposed Journey:** Please include a one line description (tl;dr)

- Deploy 8M COLLAB (~40k USD) of single-sided COLLAB liquidity (above current price) at 1% fee tier to capture anticipated buy pressure to build DAO protocol-owned liquidity

**Baseline grant amount:**

- 8M COLLAB

**% of total available Orientation Budget:**

- requested amount 8M COLLAB is ~9.8% of [COLLAB returned unclaimed](https://docs.google.com/spreadsheets/d/e/2PACX-1vTzKEXj3N8b3_rF_cjTGDGghdbJ9Cl00q0Q0BeAz4JVICi0WurI7EF68fhGoM6jZYWE4U-TgTpFs9NW/pubhtml?gid=0&single=true) from initial retro airdrop

**[Fellowship](https://gov.collab.land/t/season-1-fellowship-guide/22) name:**

- Single-Side Squad

**Fellowship Lead:**

- [iSpeakNerd](https://gov.collab.land/t/season-0-dao-governance-delegates/25/7) @iSpeakNerd

**Contact info:**

- [Season 0 DAO Governance Delegates - #7 by iSpeakNerd](https://gov.collab.land/t/season-0-dao-governance-delegates/25/7)

**Optimism L2 recipient address:**

- SAFE multisig [oeth:0x97b3Df5b5d8966A5eA243AE972aea4520f8bFc77](https://app.safe.global/home?safe=oeth:0x97b3Df5b5d8966A5eA243AE972aea4520f8bFc77)

**Please list the members of your Fellowship and link to any previous work:**

- [James Young](https://gov.collab.land/t/season-0-dao-governance-delegates/25/12) @james
- [damaderoca.eth](https://gov.collab.land/t/season-0-dao-governance-delegates/25/14) @damaderoca

**Please explain how this Journey will help further the above Orientation:**

- single-sided liquidity deployment will allow us to capture the underlying asset from selling into a buy wave as price moves into and through the range we deploy to through Uni v3. ETH value captured will allow us to level up and provide dual-sided liquidity in larger amount to support the DAO goals in the next round.

**What makes your Fellowship well-suited to execute this Journey?**

- we meet and work as part of the Collab.Land team

**Please list the [critical milestone(s)](https://gov.collab.land/t/grants-policies/38) 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:**

- _Benchmark Milestone 1 (please include expected completion date for each)_
  - 8M COLLAB deployed to pool on uni v3 - Dec 3, 2023

- _Benchmark Milestone 2 (please include expected completion date for each)_
  - Expiration of timed experiment (January 1, 2024) or completed asset reallocation from price movement through deployed range

**How should DAO Pass holders measure impact upon completion of this Journey?**

- _KPI 1_
  - Amount of ETH held in the multisig at end of experiment

**Breakdown of Journey budget request:**

- 8M COLLAB to deploy in uni v3 pool range $0.01-$0.21 even deployment across range at 1% fee tier
- no funding requested for Fellowship

I confirm that my grant will be subject to clawback for failure to execute on critical milestones: [Yes/No]  
Yes

I confirm that I have read and understand the [grant policies](https://gov.collab.land/t/grants-policies/38): [Yes/No]  
Yes

I understand that I will be required to provide additional KYC information to the Collab.Land Co-op Board to receive this grant: [Yes/No]:  
Yes

* * *

* * *

## Go Vote

Voting on this proposal has begun and will end Monday December 10 at 10:56 AM PST.  
[https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744](https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744)

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<div class="post-metadata">

### Author: ![Baer.eth](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/baer.eth/32/39_2.png) [@Baer.eth](https://gov.collab.land/u/Baer.eth)
#### Post date: [November 13, 2023, 12:27pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/2 "2023-11-13T12:27:23Z")

</div>

Hey @iSpeakNerd, I really appreciate this proposal and is highly due IMO,  
can you elaborate on how it will be deployed and add more info on the mechanics?

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 14, 2023, 4:56pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/3 "2023-11-14T16:56:15Z")

</div>

gmgm @Baer.eth! Deployed from the multisig linked in proposal via uniswap SAFE app

> - 8M COLLAB to deploy in uni v3 pool range $0.01-$0.025 even deployment across range at 1% fee tier

---

<div class="post-metadata">

### Author: ![ayohtunde](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ayohtunde/32/71_2.png) [@ayohtunde](https://gov.collab.land/u/ayohtunde)
#### Post date: [November 16, 2023, 8:32am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/4 "2023-11-16T08:32:44Z")

</div>

Interesting experiment to look forward to. I have a question though;

What if the price doesn’t get to the pool range ($0.01-$0.025) set within the benchmark milestone2?

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 16, 2023, 6:57pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/5 "2023-11-16T18:57:27Z")

</div>

@ayohtunde then there’s basically no effect. this proposal only changes anything if price moves up into range

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<div class="post-metadata">

### Author: ![ayohtunde](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ayohtunde/32/71_2.png) [@ayohtunde](https://gov.collab.land/u/ayohtunde)
#### Post date: [November 16, 2023, 7:28pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/6 "2023-11-16T19:28:18Z")

</div>

Alright, Nerd. Was just curious.

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<div class="post-metadata">

### Author: ![Baer.eth](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/baer.eth/32/39_2.png) [@Baer.eth](https://gov.collab.land/u/Baer.eth)
#### Post date: [November 17, 2023, 3:12pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/7 "2023-11-17T15:12:06Z")

</div>

> [@iSpeakNerd](#):
>
> single-sided liquidity deployment will allow us to capture the underlying asset from selling into a buy wave as price moves into and through the range we deploy to through Uni v3.

Hey @iSpeakNerd, did I get it correct? you are providing single-sided liquidity, [like how its documented in UNI v3](https://support.uniswap.org/hc/en-us/articles/20902968738317-What-is-single-sided-liquidity-#:~:text=Single%2Dsided%20liquidity%20is%20a,in%20the%20current%20liquidity%20range.) to the price range `$0.01 - $0.025`?  
If yes, you are effectively market-selling 40K COLLAB tokens, potentially removing any upward pressures. I assume you are not dumping all of the tokens at once into the pool as I suspect your COLLAB-WETH pool wont be able to handle such a volume, [considering the current $51.79K and minimal daily volume](https://www.dextools.io/app/en/optimism/pair-explorer/0x9364fe8da9c905ebd2bb736ba10bbd2be7b6aa96).

Please provide more detailed information for us to make an educated decision before it’s going to a vote.

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 17, 2023, 4:30pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/8 "2023-11-17T16:30:30Z")

</div>

> you are providing single-sided liquidity, [like how its documented in UNI v3](https://support.uniswap.org/hc/en-us/articles/20902968738317-What-is-single-sided-liquidity-#:~:text=Single%2Dsided%20liquidity%20is%20a,in%20the%20current%20liquidity%20range.) to the price range `$0.01 - $0.025` ?

✅

**market-selling _between those prices only_.**

66% increase to reach bottom of range so has no effect unless there’s sufficient demand to move price into range. if such demand exists, the DAO should benefit from it by providing liquidity.

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<div class="post-metadata">

### Author: ![bryancolligan](https://avatars.discourse-cdn.com/v4/letter/b/3ec8ea/32.png) [@bryancolligan](https://gov.collab.land/u/bryancolligan)
#### Post date: [November 18, 2023, 2:04am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/9 "2023-11-18T02:04:19Z")

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Great Concept as Protocol owned Liquidity(POL) needs to be built.

A couple of points to consider.

1. Reposition?
2. How much COLLAB to sell at what price
3. Concentrated liquidity at what range?
4. Alternatives to building POL

First being able to reposition the collateral as different events occur should be required. For example new announcement could come into play and then make the DAO and token more valuable so being able to reposition as needed. Alternative is to set a range you would be happy with in all scenarios. but what price?

**What price?**  
Concentrated liquidity(CLIQ) could be thought of as a way to capture all the fees and volatility up until a place where you are willing to exit a position.

In the current prop the preference of the DAO is to have WETH instead of COLLAB at an average price of $.0175 valuing the block of 8MM at $140,000 of WETH. If someone came to the DAO with a similar token swap offer would the DAO take that offer?

Another way to play with idea CLIQ is to put the entirety of the DAO’s tokens in a single CLIQ pool and figure out an exit position. let’s say you want to exit the entire DAO treasury for $100MM you could place a CLIQ range position from the current price point to ~$2.5 now the DAO on the entire way up could capture % fees along way. but at what range?

**What range?**  
So the main question is down to the range and how much counter party asset does DAO need at what price point.  
The proposed CLIQ position:  
values ~10% of the treasury at $200k but would receive $140k  
assuming an exit value of 6.25MM marketcap.

the position would realize an impermanent loss of ~60k vs. just making a 1 tick position at $.025  
to make up the IL in fees you would need ~6MM in trading volume or trade through the entire position 30 times at a 1% fee.  
So any other alternatives?

**A couple alternatives**  
Some other ways for consideration are TokenSwaps, OTC trades to avoid impermanent loss  
or  
veDexes to leverage the marketing and network effect of being listed and playing the voter escrow game.

on the current prop I would recommend:

1. the highest fee structure
2. a larger range at a comfortable exit position
3. find a token swap partner at sustainable price to pool with and play other pooling games.

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 20, 2023, 12:36am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/10 "2023-11-20T00:36:41Z")

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> [@bryancolligan](#):
>
> on the current prop I would recommend:
> 
> 1. the highest fee structure
> 2. a larger range at a comfortable exit position
> 3. find a token swap partner at sustainable price to pool with and play other pooling games.

can expand (2) to $0.01-$0.21

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<div class="post-metadata">

### Author: ![AlPlanet](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/alplanet/32/95_2.png) [@AlPlanet](https://gov.collab.land/u/AlPlanet)
#### Post date: [November 20, 2023, 6:23pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/11 "2023-11-20T18:23:08Z")

</div>

Ty for this prop. I do think .21 is realistic as many believe the current prices to be bearish.

The only nuance I would add is widening the range and using time to limit selling. I don’t have particular portions or prices in mind but I’d like to discover over a longer period of time.

I think selling some now, some in 6 months, some in 12, 18, 24 months will help us find a fairer market price and shows our commitment to improving the co-op and utility over the longer timeframe too.

eg. When the price is above our min we sell 2 million max per 6 months.

I missed the chat when this may have been brought up and if this overcomplicates things then that’s cool.

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 21, 2023, 6:57pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/12 "2023-11-21T18:57:08Z")

</div>

thanks for your input, this prop is less about selling and more about capturing fees from trading activity, either buys or sells within the stated LP range.

the only way it’s a full sell is if we blow through the entire range (I don’t think we will, there’s a large position ~$0.05 from community) and subsequently withdraw liquidity (as ETH) when price is above $0.21

price of $0.21 would put fully diluted mc at $210M which is ~200x from current.

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [November 21, 2023, 7:03pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/14 "2023-11-21T19:03:51Z")

</div>

I encourage everyone with opinions on this prop @Noxe @AlPlanet @bryancolligan @Baer.eth @ayohtunde to come to the treasury management working group meeting this friday

Discord event with details: [The Collab.Land Discord](https://discord.gg/collabland?event=1176580775316037632)  
 ![image](https://canada1.discourse-cdn.com/flex027/uploads/collab1/original/1X/bfdd0fd5ef9aae30c6d66de1ef1352873ee361b5.png)

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<div class="post-metadata">

### Author: ![Baer.eth](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/baer.eth/32/39_2.png) [@Baer.eth](https://gov.collab.land/u/Baer.eth)
#### Post date: [November 21, 2023, 7:23pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/15 "2023-11-21T19:23:48Z")

</div>

> [@\[proposal draft\] COLLAB single-sided liquidity deployment](https://gov.collab.land/t/proposal-draft-collab-single-sided-liquidity-deployment/147/7):
>
> Hey @iSpeakNerd, did I get it correct? you are providing single-sided liquidity, [like how its documented in UNI v3](https://support.uniswap.org/hc/en-us/articles/20902968738317-What-is-single-sided-liquidity-#:~:text=Single%2Dsided%20liquidity%20is%20a,in%20the%20current%20liquidity%20range.) to the price range $0.01 - $0.025? If yes, you are effectively market-selling 40K COLLAB tokens, potentially removing any upward pressures. I assume you are not dumping all of the tokens at once into the pool as I suspect your COLLAB-WETH pool wont be able to handle such a volume, [considering the current $51.79K and minimal daily volume](https://www.dextools.io/app/en/optimism/pair-explorer/0x9364fe8da9c905ebd2bb736ba10bbd2be7b6aa96). Please provide more detailed information f…

This proposal is currently written as a market dump of collab tokens, within a specific price, which I’m totally against. I clearly understand the motive behind the proposal and the strategy. so…

**Methods to improve the proposal IMO are**

1. 

> [@bryancolligan](#):
>
> Concentrated liquidity at what range?

1. How will the ‘‘dump’’ be mitigated in the short to medium term?
2. why isn’t the accumulated wETH, added back to the pool in a concentrated manner?

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<div class="post-metadata">

### Author: ![Dsbanna13](https://avatars.discourse-cdn.com/v4/letter/d/b782af/32.png) [@Dsbanna13](https://gov.collab.land/u/Dsbanna13)
#### Post date: [November 27, 2023, 10:09am UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/16 "2023-11-27T10:09:17Z")

</div>

Definitely we r ready for liquidity

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<div class="post-metadata">

### Author: ![Drift](https://avatars.discourse-cdn.com/v4/letter/d/8797f3/32.png) [@Drift](https://gov.collab.land/u/Drift)
#### Post date: [November 28, 2023, 8:09pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/17 "2023-11-28T20:09:29Z")

</div>

I think this part of the ghostwriter comes from the community airdrop, which should belong to the community, so the ETH harvested by liquidity should also belong to the community and enter the pool

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [December 1, 2023, 6:32pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/18 "2023-12-01T18:32:52Z")

</div>

> [@iSpeakNerd](#):
>
> 8M COLLAB to deploy in uni v3 pool range $0.01-$0.21 even deployment across range at 1% fee tier

price has moved since this prop went up, will need to adjust lower bound of liquidity range because we are deploying single-sided. suggest change to

> 8M COLLAB to deploy in uni v3 pool range `${current_price}+10%` - `$0.21` even deployment across range at 1% fee tier

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [December 1, 2023, 9:12pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/19 "2023-12-01T21:12:07Z")

</div>

This proposal is onchain and voting will begin in 2 days  
[https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744](https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744)

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<div class="post-metadata">

### Author: ![iSpeakNerd](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/ispeaknerd/32/6_2.png) [@iSpeakNerd](https://gov.collab.land/u/iSpeakNerd)
#### Post date: [December 4, 2023, 5:19pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/20 "2023-12-04T17:19:55Z")

</div>

voting on this proposal is live in Origami  
@Baer.eth @ayohtunde @Drift @Dsbanna13 @AlPlanet @bryancolligan  
[https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744](https://app.joinorigami.com/orgs/258692110553841664/proposals/385866412536479744)

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<div class="post-metadata">

### Author: ![Noxe](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.collab.land/noxe/32/49_2.png) [@Noxe](https://gov.collab.land/u/Noxe)
#### Post date: [December 4, 2023, 6:07pm UTC](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147/21 "2023-12-04T18:07:14Z")

</div>

> [@iSpeakNerd](#):
>
> **Optimism L2 recipient address:**
> 
> - SAFE multisig [oeth:0x97b3Df5b5d8966A5eA243AE972aea4520f8bFc77](https://app.safe.global/home?safe=oeth:0x97b3Df5b5d8966A5eA243AE972aea4520f8bFc77)
> 
> **Please list the members of your Fellowship and link to any previous work:**
> 
> - [James Young](https://gov.collab.land/t/season-0-dao-governance-delegates/25/12) @james
> - [damaderoca.eth](https://gov.collab.land/t/season-0-dao-governance-delegates/25/14) @damaderoca

I don’t feel this is safe to have a multisig with two person that take the same flights & car often.  
@james @damaderoca, would you consider adding @iSpeakNerd @Chibi and maybe me? Thanks!  
Ho yeah and make it 3/5

[Next page](https://gov.collab.land/t/proposal-collab-single-sided-liquidity-deployment/147.md?page=2)
