CIP #10 - Increase liquidity and plan buyback bonds

—- Summary -—

Increase main liquidity and dedicate bonds for buybacks/liquidity.

—- Rationale -—

The current main liquidity is too low and causes the following issues: high price impact; poor absorption of selling pressure.

Increasing the liquidity would also strengthen our bribing capacity, thus increasing the revenues generated by the POL.

Thus, we propose increasing the CVG/WETH liquidity, starting with a first push of $150k worth of liquidity.

Funds would come from current stablecoins holdings ($25k) and from our current sdCRV holdings ($50k). CVG would be taken from the DAO treasury.

In addition, we propose to dedicate 20% of our bonding capacity to open POL-dedicated bonds: these bonds would be available only for the Bond&Lock function; half of the revenues from these bonds would be used to buy back CVG, and push liquidity, increasing the POL.

The parameters of these bonds will be subject to another vote if the proposal is adopted.

—- Means -—

Sell $50k worth of sdCRV against WETH, and add liquidity. Modify the bond contracts so only the Bond&Lock function is available on POL-dedicated bonds.

—- Vote -—

1- Adopt the proposal; 2- Reject the proposal; 3- Abstain; 4- Do not take part in the vote.