[ABIP-23] - Liquis Launch Partnership Proposal

Summary The proposal aims to get into a launch partnership with Liquid Finance. A new convex layer for timeless finance. The partnership will yield 4 year vested 100,000 LIQ tokens for Abachi and voting rights to boost yield from day 1.

Motivation We have enjoyed some amazing yields from Timeless Finance since moving with them a month ago.

To extend this further, the proposal aims to seek a partnership with Liquis which is a convex layer on top of Timeless Finance.

Liquis team reached out to us for a partnership and we have a dedicated channel with them on their discord.

Currently to be able to boost our yield, we need to lock LIT tokens for 4 years. We own 82,000 veLIT. This proposal will help us get a much more vote power by making those veLIT into a liquid token called LIQ. The token can then be farmed or used to boost yields and also allows an exit if ever needed.

We currently earn $3000-$4000 of LIT yields per month. The ask in this proposal is to commit $10,000 worth of LIT into liquis. This roughly equates to 2 months of yields.

Using this we will be able to increase liquid backing of Abachi treasury and at the same time divert yields to LP stakers in both arbitrum and ethereum.

In theory, as liquidity comes in demand, both price and the ability to enter and exit the pair with greater sums of money should become easier.

Terms of the deal: https://mirror.xyz/liquis.eth/K_-1jp7sLkylKc2V1XxkK0CObsqyaTq-89yScI4tapo

Also we will still earn the pre-launch bonuses on top of the launch partner program tokens.