Proposal on Pathway parameters: Settings v1.x

Pathway v1.x (Liquidity only version of Pathway)

Creating volume around GTON is not our priority at this moment due to the lack of an incentive model. In the future, OGS will become a tool for incentivizing trading activity around GTON. As for now, with the current low volume, we decide to exclude the volume from Pathway, nonetheless leaving the dependency of liquidity.

Thus, the formula:

PWPeg (L) = FloorPWPeg + MaxPWPeg(L/MaxLiq), where L is current GTONs liquidity

Voting for Pathway v1.x

Following the Pathway formula and targeting OlympusDAO as a benchmark, we propose the following parameters to be determined:

• FloorPWPeg: Current Price (at the moment of the sc deployment), EBPrice (2 option) or BreakEven* (3 option)
• MaxLiquidity ($550mln)
• MaxPWPeg ($600ratio)
• Chain for implementing Pathway activities
• Pool for implementing Pathway activities

BreakEven price is roughly a minimum price based on EB price, minus the rewards from staking paid out to EBs. In the current sentiment and due to the recent market dynamics of GTON, this floor price will be easier to sustain initially.

Option 1

• Accept all with the OffsetPrice equal to Current Price (at the time of the contract deployment)
• MaxLiquidity: $550mln
• MaxPrice: $600
• Activities performed: Fantom Opera Only
• Pool: GTON/FTM Pool (on SpiritSwap)

Option 2

• Accept all with the OffsetPrice equal to EBPrice($2.26)
• MaxLiquidity: $550mln
• MaxPrice: $600
• Activities performed: Fantom Opera Only
• Pool: GTON/FTM Pool (on SpiritSwap)

Option 3

• Accept all with the OffsetPrice equal to BreakEven($1.5)
• MaxLiquidity: $550mln
• MaxPrice: $600
• Activities performed: Fantom Opera Only
• Pool: GTON/FTM Pool (on SpiritSwap)

Option 4

• Decline all