Idea Summary: Other protocols have adopted rebasing mechanisms and are implementing innovative governance and value generating policies; e.g., YAM has accrued over $2.5M in their treasury ( https://yam.finance/faq).
Idea Implementation/Execution: Coordinating with these projects could benefit the ecosystem (and the ASDAO) in the long run. E.g. Incentives can be developed to motivate liquidity pooling into upcoming AMPL/ASDAO geyser launches, while proposals can be passed to explore experimental governance models within these protocols that are backed by the ASDAO. This could curtail the DAO’s risk and avoid instability, while promoting potentially high-yielding experimental models.
Idea Timeline: “3 weeks in crypto is like a year in life” – read somewhere on CT.
This is certainly an interesting idea. Personally I’m open for partnerships as long as they benefit the Ampleforth/AmpleSense community. Priority should be to unite and strengthen our own community, but further down the line anything is possible if it makes sense to the community and others are willing to partner up.
No AMPL is a first in class protocol. Partnering with others rebase protocols will not help to clarify we have been the first to describe that leap frog technology approach and that this is just AMPL which is seeking to shape the future for a strong fiat alternative in crypto