Should we allocate $5000 USD worth of GIV tokens from the liquidity multisig to a shared liquidity pool with USDGLO? ($10k LP total on OP Mainnet, partnership with Glo Dollar)

Tl;Dr: This proposal is to set up a $10k USD ($5k + $5k) shared (Giveth <> Glo) GIV/USDGLO liquidity pool on OP Mainnet.

About this Partnership

Glo Dollar is a fiat-backed stablecoin that funds public goods. USDGLO can be used for donating to projects on Giveth on Ethereum, OP Mainnet, Arbitrum, Celo & Polygon PoS. Glo Dollar has also sponsored the matching pool of two Giveth QF rounds (Giving Season Dec '23 & Galactic Giving May '24) and we are proud to have distributed the matching pools for those two QF rounds in USDGLO.

The Glo Dollar team reached out to the GIVeconomy WG and proposed to do a token swap to set up some shared liquidity on Optimism.

This was discussed in a recent GIVeconomy call & the GIVeconomy WGs believes that this will both support the GIV token further with some additional DAO-owned liquidity on OP mainnet, and will serve to strengthen our ties w/ Glo - a super value-aligned public goods team!

How this would work

If this proposal is approved, we'll send 5000 USD worth of GIV tokens (GIV token amount to be determined at the time of set-up) from the Giveth liquidity multisig to the treasury handler on OP Mainnet. Glo Dollar will send 5000 USDGLO there as well, the treasury handler will set up the GIV <> USDGLO LP, and then will send 1/2 the LP to the Giveth liquidity multisig, and 1/2 to Glo Dollar. Each team will then effectively become a steward of their half of this liquidity.

We may request an additional $5000 of GIV (and USDGLO) to top-up this liquidity in the near-to-middle term future, which will be decided in a future vote.