Proposal #12: Change Treasury $CRYSTL Allocation From Bonds To Boosts

Option A: Use $CRYSTL originally allocated for Bonds to instead do Boosts for V3 Vaults

Option B: Do not change the allocation for $CRYSTL Bonds.

Reasoning: At the present, the treasury is sitting on a large sum of $CRYSTL originally allocated for our plans to introduce protocol owned liquidity through Bonds. The Bond system remains a low priority since it is not a source of revenue for Crystl Finance stakeholders. As such, the $CRYSTL allocated for Bonds has been sitting completely idle. The team believes it is much better to put this $CRYSTL to use for Boosts. By strategically choosing in-demand farms with an attractive APR, it is in fact possible to get a return on investment in performance fees when it comes to the Boost allocations. We will seek to partner with projects who will provide a Boost allocation for a Vault and strategically match their allocation with $CRYSTL. By doing this, we will ensure that the cost of the Boost from our side results in an effective return of value through performance fees both for the treasury and the Revenue Sharing feature that rewards $CRYSTL stakeholders.

Option A vs. Option B: The market is currently in a critical situation, and the team believes that Option A is the best choice to ensure the longevity of the platform. The $CRYSTL in the treasury which was allocated for Bonding can be used to strategically Boost Vaults. This would make the Vaults profitable and ensure our runway while rewarding $CRYSTL holders. If Option B is voted in, the $CRYSTL will remain idle in the treasury. At Crystl Finance we strongly value transparency and as such we would like to stress that there is a chance it never ends up being used if we cannot remain a profitable protocol in this bear market and ensure our sustainability. The next Proposal #13 will be invalid if Option B is voted in.