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The Stonk SocietyThe Stonk Societyby0x4E2CC19317d23680AAfE52189491D12F890c3c02rahulkumaran.lens

Which strategies would you do think would be best suited for the 1st investment cycle?

Voting ended about 4 years agoSucceeded

We are just a few days away from our first investment cycle and we're super excited to be sharing some strats that we've got from FTM Influencers & our community.

  1. FTM Ecologist says - (a) A safe choice would be FTM-MIM Spooky LP on Liquid Driver - pays in $LQDR (110% APR at the moment - 9.1% monthly reward approx), (b) slightly riskier choice would be "A Song of Ice & Fire" on Beethoven 25% FTM/MIM/ICE/SPELL paying 115% APR in $BEETS(9.5% rewards in a month approx).

  2. FTMAlerts' Favourite Pools are - (a) All beethoven pools - (just shortening the talk we had with FTMAlerts - we spoke about the FTM-BEETS Fidelio Duetto Pool as it has higher APRs because of fBEETS now) - 142% APR - approx 12% per month

  3. Trading Tulips (aka Tulip Farmer) is bullish on Scarab + it offers high rewards at the moment. (2.42% currently per day in Sarcophagus - thoughts from the team - gotta keep a watch on the peg and make sure that we always have a close watch over it - since Scarab has been close to the 1FTM Peg now so that kinda stabilises things but gotta keep a close watch at all times - a slightly riskier play than the other strats mentioned above - so even if this passes we'll only have a small % of this to test out how we could go about such strats in the future).

  4. n1ce our amazing Stonker has suggested another strategy on Beethoven - Fantom Conservatory of Music - helps us get exposure to almost all top Fantom ecosystem projects. Current APR is at 154% (approx 12.5% per month).

Some points to mention : (a) As mentioned in the Medium article already - we will be looking at choosing 2 strategies for sure(top 2 most voted strats). (b) However, if the SCARAB option ends up as one of the top 2, then we'll be looking at 3 strategies. (c) We have 70% of the community funds available to be voted upon and as a result. (d) If the SCARAB option ends up in the top 2 votes, we will only be allocating about 5% at most to this strategy - the reasoning for this is because SCARAB is surely a high risk asset. However, another thing for this is that some people have suggested that we have a small degen trading allocation and we would just like to see how sustainable it could possibly be. (e) The remaining 65% will be split equally (32.5%) among 2 of the other voted strategies. (f) If the SCARAB option does not make it to top 2, we will be splitting the 70% of the the votable fund into just the top 2 voted strategies.

Off-Chain Vote

FTM-MIM Spooky LP (LQDR)
191.14 17.7%
FTM-MIM Spirit LP (LQDR)
81.11 7.5%
A Song Of Ice & Fire (Beethoven)
16.21 1.5%
Fidelio Duetto (Beethoven)
41.44 3.8%
FTM Cons. of Music (Beethoven)
123.37 11.5%
Scarab FTM LP (Scarab)
623.72 57.9%
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Timeline

Jan 11, 2022Proposal created
Jan 11, 2022Proposal vote started
Jan 13, 2022Proposal vote ended
May 27, 2024Proposal updated