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

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.

"some might put their whole stack in"... and take it out later. which means no more funding for an org. permanent lps = permanent funding.

imo this is really about overcoming tragedy of the commons.

"People won't donate their entire net worth"... and they shouldn't. but if we all donated a percent, one-time...

Onchain startups. /rebase, /basedjobs and more

yea, that could work. i think in practice a few whales lp'ing would generate the most fees for the org; when one dips out the org takes a hit. i still don't like that aspect.

i see this initiative as an opportunity to set up an EF for higher. which probably differs from @know, not sure.

Right but all that’s missing is a commitment from the LP to provide their liquidity for some period of time or to cover some project, which could be automated/voted on. Then they could retain their capital and also be free to commit something more meaningful than 1% or whatever they’re willing to donate forever