Hi , even if the PMM discution is very interesting ! I would like to refocus the debate on : positive slippage income
I have read the feedback on this proposal. with all the elements I make a summary chart
I split this reflection into three main parts :
- conversion method ?
- which tokens ?
- what we do with news tokens ?
To make a proposal for this subject we must do it in 2 or 3 times. We must now focus on the first 2 questions :conversion method and which tokens
About the conversion method
above all , every tokens are not interesting to change : as to propose in PSP-BP-1-3 " curve war cvx " if we want accumulates some tokens . So we have to keep the tokens recovered from the positive slippage Income. to Do that I suggest to create a whitelist of tokens ( if a token is put here by a proposal , the rules about swaping methode is not applied)
you can’t swap every tokens into X token because as you know make a swap cost ETH ( 25$-200$ ) in function of gas price. So we need to etablish rules to make smart swaps :
- from what amount in $ we can swap tokens ?
- how often ? as soon as the value is XXX $ , every epoche , every month …
about the destination token
Here we have some choices : you can chose productive tokens or not. In the simple tokens that came back there are : ETH , PSP , CVX , USDC and in defi token there are : ETH/USDC , Tricrypto : ( ETH-BTC-USDT) , PSP/ETH .
My idea is to quickly build a mechanism so that income is no longer correlated to shitscoins.
Note that over 13 days the revenues have increased by 80-90 k$ good job Paraswap! ( ~290k$ → ~380k$ )
please vote on Poll , we need your opinion
create a white list for the tokens to exlude from the swap mechanism
- YES
- NO
0 voters
Minimal amount in $ to make a swap
- 1000 $
- 2500 $
- 5000 $
- 10 000 $
0 voters
How often we need to swap tokens ?
- when the amount is XXX$
- each epoch/2 ( 7D)
- each epoch ( 14D)
- each 2 epoch ( 28D )
0 voters
we have to exchange the tokens into productive tokens
- YES
- NO
0 voters
in which token ?
- ETH
- PSP
- Stable coin ( USDC / DAI / RAI … )
- CVX
- LP ETH/USDC
- LP tricrypto ( BTC/ETH/USDT)
- LP PSP/ETH
- lending AETH ( Aave ETH )
- lending stable coin
0 voters