CIP031 - Reorganizing the WMATIC/Qi LP

We currently have WMATIC/Qi in the amount of $203k and producing at 70% APY. Not bad. But in light of having our CLAM/MAI pair opened up to Dystopia gauge voting on QiDAO, would it make more sense to decouple the LP and lock the Qi portion?

That LP currently contains 787,500 vQi of QiDAO votes (That's how much Qi should be in the LP). That's a little over half of our entire voting power in the QiDAO gauges. If we were to uncouple the WMATIC/Qi LP and lock the Qi up, we go from 787,500 vQi to something like 3.1M vQi voting power (787,500 Qi x 4x voting power for locking). That would bring our total voting power to something close to 3.5M vQi.

Locking Qi entitles us to profit sharing which is somewhere between 25-40% APY in Qi airdropped per week. That's not bad and somewhat offsets our loss of WMATIC/Qi revenue. Surely, being able to vote that much more for our CLAM/MAI LP on Dystopia would offset that further, or even be a net positive (not sure how to run those numbers)? Plus we'd have more QiDAO influence for gauge votes on the biweekly vault votes, etc and give outsiders more reason to buy Pearl to get access to that power, if that's the way that we want to go.

For the WMATIC, we could pair it with DYST as we earn it to build up our DYST/WMATIC pool and supercharge our DYST/PEN earnings. So we'd be majorly boosting our governance in both protocols. We could also take some of the Qi and pair with our TetuQi on Penrose.

A potential downside would be its effect on buybacks. We would go from constantly accruing Qi to getting weekly airdrops, so I'm not sure how we would work that out. Scheduled buybacks, maybe. But we can see how this affects CLAM price and adjust the buybacks with a CIP down the road.