1) What's the big idea? Currently, the target composition for Clipper’s Ethereum Core pool is 30% WBTC, 30% ETH, and 40% USD stablecoins. This proposal aims to change the target composition to ⅓ WBTC, ⅓ ETH, and ⅓ stablecoins.
2) What is the problem you are trying to solve? The ⅓, ⅓, ⅓, distribution is already a well-understood concept in DeFi thanks to Curve’s Tricrypto pool. Using this distribution simplifies things, making Clipper’s Core pool concept easier to explain and understand for everyone, especially newcomers. The material difference should not be significant to LPs/traders.
3) Who is this for? AdmiralDAO members, who will see increased revenues from additional LPing.
4) How might this work? If this proposal is approved, the DAO will change the target composition of the Ethereum Core pool.
5) How might we prototype/test concept desirability and feasibility? No prototyping is needed. This proposal will gauge desirability.
Suggested Implementation Plan: See #4.
5) Why might this idea fail? There are few reasons this should go wrong. It would only fail if the community doesn’t want it.
How will we measure success? N/A
Important Links: Link to Phase 1 (discussion): https://discord.com/channels/844729067311202334/1163538328130420767/1163538328130420767
Link to Phase 2 (temperature check): https://discord.com/channels/844729067311202334/1142078406188601497/1174457345032589402