Public Strategist Voting Tools

[DanielVF]

Currently a voter makes decisions about how to vote for weekly snapshot strategist actions by looking at a spreadsheet showing the current allocation and the current APY's.

While this is much better than the users needing to look these things up themselves. It still doesn't let users know about the actual behaviors and gotchas of the OUSD strategies. Off the top of my head:

• It cost gas money for each move into or out of a strategy during a reallocation
• There can be slippage (mostly negative, but occasionally positive) for moving in or out of convex
• Moving into or out of Convex in the right proportions can almost zero slippage fees
• No one can withdraw more than the smallest default strategy (relative to the proportion of coins)
• Only some strategies can be default strategies
• Sometimes we need to change default strategies
• Given the size of our funds, we could possibly be changing the APY of Compound/AAVE strategies. If we move a lot of funds into AAVE, the APY on that coin will go down, and if we move a lot out of a strategy, the APY will go up in the strategy we are leaving.
• Compound and AAVE USDT only have so much liquidity at a given time - we might not be able to withdraw everything we have in there at one shot.

I'm assuming we would want some kind of interactive system that shows the effects of doing these moves.

Ideally users would be able to see the effects and costs of allocation changes, beyond just changing the APY. This would make it easy to see that moving 250 million dollars to funds Compound USDT might cost 100K slippage, plus crater the APY there to near zero.

It would be good to default to showing things the way they are, to encourage leaving things the way they are unless there is a good reason.

[joshfraser]

@micahalcorn in the meantime, let's add a "Leave things the way they are" option to our weekly allocation voting

[micahalcorn]

Thanks @DanielVF 👍 You're thinking that we would basically build a public-facing strategist simulator? Based on your notes above, it seems like the things that matter are as follows:

• total cost of reallocation in USD terms (stablecoin units) including gas and slippage
• projected APY for OUSD
• amount of funds available for withdrawal
• whether or not the reallocation is feasible in one shot (valid or invalid)

The other thing I would add is that a voter might want the simulator to take into account existing votes so that she can see the effect of her vote assuming she is the final voter. Of course, the results will be affected by future voters, which we probably don't want to include in the equation.