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.
Budget/Cost: Unclear.
Idea Timeline: “3 weeks in crypto is like a year in life” – read somewhere on CT.
Yes, absolutely there is no question about that.
But why reinvent the wheel? If YAM is testing a model of allocating 10% fees towards its treasury, we can observe and add input/guidance without any risk.
At the same time, we can begin to collaborate and design models that may work even better. There is strength in unity and power in numbers.
The ASDAO should do everything it can to harness network effects.
I just want to say that we are completely different from the Yam, we are a unique currency