HIGHER

Solana

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based

they need to create and return value flows to different market participants in such a way that they are positive sum on a longer time horizon

Why does LP need to be permanently locked?

Designer, engineer. Onchain arts & crafts.

Making it a burn/donation will really limit the amount ppl are willing to put in the pool

a consideration with this is that LP providers in this situation are exposing themselves to impermanent loss - and the guarantee of long-term public goods higher-culture funding is lost

one of the main reasons for having the permapool is to secure long-term funding for contributors

i take your point with people being unwilling to donate their entire net worth

i'd imagine some kind of NFT sale or special access or something to bootstrap and then the revenue share over time from higher aligned businesses could build the LP size overtime as the network and their revenues grow

You’re asking people for a donation, which is fine. But people won’t donate their entire net worth. If it was a normal LP that just directed fees to fund stuff, some might put their whole stack in, yielding much more in fees.