xTETU on Fantom

Tetu's first network was Polygon, knowing that there would be a launch on the second network there were some brief discussions about the Profit Share vault even before Tetu was released on Polygon.

At the time, discussions in the Tetu community about having a Profit Share on each network presented positive and negative points but were inconclusive, so Tetu launched on Fantom technically without a Profit Share.

Recently discussions about a solution for creating liquidity in Fantom suggested the Bonding system, popularized by Olympus DAO, this solution also presented many positives and negatives in the community discussions, but without a conclusion about being the most suitable for creating liquidity on the Fantom.

Some points were considered during the discussions in the community:

• Tetu is already taking aggressive measures to create liquidity in Fantom, currently all profits from Fantom are used to acquire Protocol Owned Liquidity.
• The absence of Profit Share on Fantom provides a low utility of the TETU token for users on Fantom, creating selling pressure.

Tetu's current problem on Fantom may be the low utility of the TETU token. Annual profits on Fantom are approximately $150K, in the current circumstances the creation of the xTETU vault on Fantom has the expectation that $75K will be distributed to xTETU holders in a 50% PS 50% POL scenario, so this DAO proposal offers dxTETU holders the following options:

1. Do nothing, keep 100% of profits for POL.
2. Create Profit Share on Fantom with 50% of profits to xTETU and 50% of profits to POL.