Proposal summary

Become an LP on the BUSD-jBRL Synthereum Liquidity Pool on BNB Chain, and reinvest 50% of the weekly fee into bribes.

Details

When the Synthereum v2 is launched on BNB (a matter of weeks), I suggest withdrawing liquidity from the 2brl/3brl pool on Ellipsis, selling the assets back to BUSD, and supplying liquidity in the BUSD-jBRL Synthereum Liquidity Pool with a minimum health ratio of 125%.

Each Saturday, we would withdraw 50% of the fees generated and use them to equally bribe voters for the 2brl (jBRL + BRZ) and the BRLUSD (jBRL + BUSD) pool.

Motivation

Being an LP in the 2brl/3brl pool does not bring value to the protocol; it only makes us earn some yield and trading fees, but it exposes the protocol to BRZ tokens (less liquid).

The protocol should own a decent part of its liquidity.

We need more LPs for the jBRL market on BNB.

The treasury will earn trading fees and interest on the collateral.

Vote

YES, when the v2 is live, withdraw our liquidity from the 2brl/3brl pool and deposit liquidity in the Synthereum Liquidity Pool + use 50% of the fees to bribe voters.

NO, do not do it.