Stake the treasury

I have a few doubts about this proposition:

  • not sure it will really help pumping GHST price, there are already many ways to buy on L1 (curve, CEX, OTC,…)
  • not sure low DEX liquidity on L1 will be a long term problem. What GHST is facing now as a pioneer is going to be a problem for any dApp building on L2. Wen Zapper ETH L1 for GHST Polygon? Soon, bridge already stronk

The IL protection from Bancor seems interesting, it is a real risk. I think GHST-USD pool earn around 15% / year or so. If GHST gets within a year away from the +200% or -67%, there will be some losses.

IL cheatsheet inspired from tetranode:

I think there is a consensus to not let the treasury idle, but this early vote shows a 50/50 distribution between stkGHST-USDC & BTC diversification. Maybe we could do this in 2 seperate votes? 1st, vote if we want to stake GHST & convert DAI to aDAI, then vote to convert a part of the treasury to BTC / stkGHST-USDC?

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