We want to partner with sushi swap to create 2 new pools of liquidity for:
- ETH-SGT
- vETH2-SGT
They will add us to their onsen program.
Pros:
- Dual incentives in $SGT & $Sushi so more rewards!
- Potentially increase available liquidity for both vETH2 & SGT
- Marketing exposure from being listed on Sushiswap
- Attract Sushiswap only users
- Creates new arbitrage opportunities potentially increasing trade volume and rewards for old and new LPs
- Lido and other competitors are already listed on Sushi
Cons:
Options:
- Fuck yea! IDC how but get 'er done
- Yes! Provide initial liquidity of $10k from the treasury thus providing a rug (LP tokens can be time-locked to make rugpulls impossible). This requires a sale of $10k of SGT from the treasury to create the other side of the LP.
- Yes! Provide initial liquidity from users only. (Please volunteer for this position anonymously by going ahead and doing it)
- Yes! User + Treasury should provide initial liquidity.
- No. Let's not do this due to the cons.