PIP-XX: Utilizing Aura Finance to bootstrap PSP liquidity on Optimism

Governance Proposals
2

Hi,

Thanks for the proposal, I think this is a great opportunity for ParaSwap’s DAO to put its treasury at work and increase its liquidity on Optimism.

Some questions that come straight to mind :

Do we want to combine and compound all the returns by locking it to vlAURA to get our own voting power on AURA gauges? If so what’s the ultimate goal (amount and/or duration)? At what point should/would we distribute the returns to the DAO? or to the sePSP Stakers? or both? and if both with what ratio (80% Stakers / 20% DAO) ?

That will also come some recurring management work to be carried out :

  • track returns per dollar invested in voting incentives
  • managing the voting incentives every 2 weeks
  • claiming rewards + locking it into vlAURA
  • doing some multisig actions
  • etc…

Which entity will be in charge of that work? GovCo? A new committee?

Would love to earn @0xYtocin and @agrosso vision on that subject.

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