It is proposed that MTA’s long term utility and tokenomics can be improved by implementing a buyback-and-make strategy driven by an MTA/ETH/mAsset liquidity pool on Balancer Finance v1. In future, this pool could also be used in mStable’s re-collateralisation mechanism (in the event of an asset de-pegging) or as an incentivisation tool.
This proposal has been described in depth in MIP8, which is available here: https://mips.mstable.org/MIPS/mip-8.html
The next step is to share this proposal publicly on the mStable forum to get feedback from the community and scope the public vMTA snapshot vote.
Should the ProtocolDAO proceed to share this MIP publicly via the mStable forum?