Seeding Tarot BEETS vaults by treasury

This is a proposal from community member Alfalfa or Spanky?#7409 on discord.

The Tarot vault for Spooky's FTM/Beets pool offers a high leveraged 3x APR. However, the vault is greatly lacking in the lending supply of both FTM and Beets.

I don't think this vault will get much use until enough Beets and FTM are supplied to ensure that leveraged borrowing is available. So, I think we need to "kickstart" the vault (for lack of a better term).

I believe the use of this vault for leveraged borrowing will be a benefit to the Beethoven community. First, I believe it is likely to cause more Beets to be purchased to pair with FTM, make the LP in Spooky, and then deposit the LP into Tarot. Second, I believe it is likely to cause more Beets to be supplied as collateral on Tarot. Third, if a leveraged borrower avoids liquidation and enjoys high APR for 3x leverage (or whatever higher or lower leverage the borrower is comfortable with), then the borrower's FTM/Beets 50/50 LP will increase in accordance with that APR (or whatever lower or higher APR is available at the time). I believe the most likely result from this scenario is it will increase the amount of Fidelio Duetto BPTs and the amount of fBeets minted. Existing community members may also use leveraged borrowing through the Tarot vault to increase their overall supply of Beets and FTM and then to pair more Fidelio Duettos and mint more fBeets. Alternatively, we can single stake Beets as supply, and enjoy whatever APR is available..

In order to "kickstart" this vault on Tarot, I suggest that the Beets Treasury provide Beets as collateral to the vault. Some amount between 25,000 - 50,000 Beets should be sufficient. We currently have 6,459,428.4679 Beets in the treasury. We will let the market decide to fund a proportionate amount if FTM.

PROS

1 - the amount of our Treasury's Beets will increase in accordance with the supply APR available on Tarot

2 - likely to cause more buy pressure on Beets to pair them with FTM, make the LP in Spooky, and then deposit that into Tarot (or to supply as one-sided collateral)

3 - likely to cause more Fidelio Duetto LBPs (and fBeets) to be minted from borrower's rewards

4 - may strengthen our relationship with Spooky by directing more TVL to Spooky's pool

5 - may strength our relationship with Tarot

CONS

1 - additional smart contract risk

2 - if leveraged borrowing maxes out, the Treasury may not be able to immediately withdraw its Beets from the Tarot supply vault. (not a big deal IMO because we are not likely to need the Beets immediately, they will eventually be released - smart contract risks aside - and we will continue to earn APR on them until they are released, including from heightened borrowing, liquidations, etc.)

3 - will eventually reduce the yield available to other Beets owners (for supplying Beets as collateral). (also not a big deal IMO because the APR sucks now anyway - needs to be kickstarted).

https://www.tarot.to/lending-pool/250/0x2e0b129d3dd14fcd676695c0a7ddef9fcc13e74e