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Giveth / GIVeconomy

The Giveth Economy is the collective of projects, donors, builders, and community members builders that build the future of giving
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Public goods balancer pool #628

Open chad-fi opened 2 years ago

chad-fi commented 2 years ago

Fabio, dev at BAL would know who to talk to.

chad-fi commented 2 years ago

Update from Freiheit: asked luukdao from primedao/kolectivo if he has any suggestion or direct contact. It'd be great to have a direct contact with Balancer as they are planning to launch on Gnosis Chain, so they could be interested in further cooperations with Giveth (like BAL rewards on Gnosis).

chad-fi commented 2 years ago

Lauren to share DM chadfi with Fabio's handle - discussion to start this week.

chad-fi commented 2 years ago

Conversation with Fabio started.

chad-fi commented 2 years ago

Balancer hasn't done many token swaps recently b/c of the veBAL demand. Fabio said they would likely be down to help facilitate a public goods pool a la this tweet:

https://twitter.com/mZargham/status/1474436731516637188

chad-fi commented 2 years ago

I would like to proceed with a public goods pool, and in parallel request that Balancer do a BAL<>GIV swap to align us both as partners. I'll word smith something after we get a soft consensus here on how we want to proceed (i.e. BAL<>GIV pool only, PG pool only, PG pool + GIV<>BAL pool)

chad-fi commented 2 years ago

Other public good DAOs: 1Hive Shapeshift Gitcoin (probably won't do it - can't do LPs) DappNode BrightID Opolis Optimism ENS Panvala

chad-fi commented 2 years ago

re: Opolis Opolis may be inflationary and drag down GIV price, this would be a non-starter. Perhaps more research into their inflation schedule and token unlock

chad-fi commented 2 years ago

Panvala is a no-go, see #631

chad-fi commented 2 years ago

Draft Proposal: https://docs.google.com/document/d/1eShzHjdvUnum4gyy6eaGhfB14eZGvCixuLqIR0oMUAQ/edit?usp=sharing

chad-fi commented 2 years ago

https://forum.giveth.io/t/balancer-public-goods-pool/733

fr3iheit commented 2 years ago

reached out RAD community in their forum: https://radicle.community/t/shall-rad-join-the-forces-to-create-a-balancer-public-goods-pool/3005

reached out @Pol_Lanski for Dappnode

chad-fi commented 2 years ago

chadfi pinged Optimism contact chadfi posted in Balancer Discord #partnerships channel

chad-fi commented 2 years ago

As discussed in our last meeting, I'm not making much headway with OP or BAL. Freiheit's post didn't gain traction either. Cotabe seems to be making good headway, but before we resort to going for a 1-1 BANK swap, let's do a tweet thread.

Tweet Thread Idea: (1/4): Calling all Public Good DAOs! Let's unite our common communities. [round table meme] maybe tag: · Balancer (BAL) · Radicle (RAD) · DappNode (NODE) · Optimism (OP) · Ethereum Naming Service (ENS) · Aragon (ANT) · Bankless (BANK) (2/4): Instead of creating many 1-to-1 shared pools, a Balancer pool will allow many public good tokens to share one source of liquidity! This will allow supporters of public goods in crypto to easily swap between projects. (3/4): Without the need for incentivizing liquidity, this sustainable swap shared pool will help move us away from mercenary farming and avoid further dilution of public good tokens! (4/4)): Interested in joining? Reach out on Twitter, Discord, or Telegram! [links] For more information, check out this forum post [links]

Thoughts?

chad-fi commented 2 years ago

Follow up tweet with Medium article if engagement is adequate.

Ping GIV community for Optimism contacts (two-fold, one for BAL pool, one for possible grant).

laurenluz commented 2 years ago

Talked to Griff about this. He thinks its a good idea, but we don't have the bandwidth to manage it right now. haulting comms and putting this in the icebox.