↑Dom on Warpcast

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john pfp

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@onchaindom.eth

Why does LP need to be permanently locked?

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john pfp

answered, anything else come to mind?

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@onchaindom.eth

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

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john pfp

can you say more?

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@onchaindom.eth

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.

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john pfp

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

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@onchaindom.eth

Same impermanent loss either way. But contributing to the permapool is a permanent loss And that permanently lost capital is also a source of funding if distributed over time… I personally would not be willing to contribute to the permapool because I could just LP my whole stack normally, get more fees to fund things with, and not give up my network ownership. Pretty sure Uni v4 can automate the funding part, meaning simply putting your funds in a normal pool and time-locking them would be a commitment to fund long-term things. Am I making sense here?

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john pfp

Yeah you're making sense, I'm happy to be refining what could be possible. Can you say more about the permanently lost capital being a source of funding if distributed over time?

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