TDP26 - Uniswap V3 Liquidity Redeployment

After this successful internal motion, and in line with this forum post, the TreasuryDAO proposes to re-deploy the liquidity that is currently provided on the MTA/DAI Uniswap V3 pair into a more capital efficient pool in the ecosystem.

It is also suggested to inject a one-off liquidity boost of 100,000 MTA into this new pair on Visor Finance in order to ensure continued low slippage trades on Uniswap V3.

The MTA portion from exiting this position is to be used at a later stage, the DAI portion of the pair is to be put into a Convex Finance position to accrue further CRV and CVX rewards for the treasury.

The following pools are suggested for this endeavour:

3pool hedge

• saave
• compound

3pool native

• susdv2
• frax
• alusd

In the process of commencing with this opportunity on Convex Finance, the DAI would be provided via single-sided liquidity, and consequently split up into the respective allocation of the chosen pool.

All liquidity rewards will be claimed, compounded, and locked on a regular basis at the discretion of the Asset Management subDAO, which will consider and weigh operational costs against accumulated rewards in the contract to make an informed and economically sound decision on the correct timing of these operations.

Since a Gnosis Safe cannot directly participate in Snapshot votes, the resulting voting power from the above deployment would thus be delegated to the Cat Herder of the Asset Management subDAO in order to participate in gauge & other votes that would result in a beneficial outcome for the mStable ecosystem, and take a passive stance on all other proposals on the platform.

A successful passing of this proposal will allow the Asset Management subDAO to continue with this operation until the incentivization on Convex Finance ends, or a different proposal replaces the method of utilization of the tokens in question.

Additionally, a total of 100,000 MTA (roughly 60% of these coming from fees the old position generated, with the remainder coming directly from the MTA portion of the position) will be injected into the existing MTA/ETH position on Visor Finance in order to ensure continued liquidity with low slippage trades on Uniswap V3.

Voting on any of the below pool options presumes that the liquidity should be redeployed, and the Visor Finance position injected with 100,000 MTA.

In which pool should the TreasuryDAO re-deploy the DAI portion of the liquidity from the MTA/DAI pair on Uniswap v3?