gaunt flower
Was just thinking it would make sense if the DAO would convert a certain amount of the treasury ILV it gets from revdis to eth every time there is a distribution.
I know there been talks in the past about revdis just being in ETH but what about the idea of a combo. Stakers get 5% revdis in ETH. 95% in ILV. (Or whatever percentage makes sense) Should encourage people to just sell the ETH portion and would give the DAO some liquidity in ETH.
hybrid depot
I Like the buy pressure on ilv the System creates and wouldn't lower that tbh.
What advantage would liquidity in ETH for the DAO offer?
Why would you encourage people to sell some of there stacks instead of encourage them to restake?
fringe idol
I Like the buy pressure on ilv the System creates and wouldn't lower that tbh.
W...
The dao does not pay team members using ILV. It pays using stable coins. So the dao at least would need to sell a portion of its revdis eventually.
hybrid depot
The dao does not pay team members using ILV. It pays using stable coins. So the ...
Yea totally
fringe idol
The DAO taking some of its revdis as eth could help to both maximize its usable income by reducing the risk of value being extracted by front running and helps to reduce the bad feel of the DAO dumping its big ILV bags on the community.
gaunt flower
I Like the buy pressure on ilv the System creates and wouldn't lower that tbh.
W...
My thinking is stakers are also going to take profit. If they only take profit on the 5% set aside in ETH less sell pressure on ILV. The buy pressure would still be there with the 95%.