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JK
@jk6276
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2 min read

Thanks for the great questions...

  1. I'm suggesting a pool like the WLEO/ETH pool that is already on Uniswap. Uniswap don't have custody, everything is in a smart contract. It would be the same on other platforms if we chose that (Sushiswap for example). Native tokens would be better, but for LEO the chances of a link to the Thorchain itself in the next few years are slim to none. Would take massive Dev work from HIV dev's, and I highly doubt the enthusiasm would spread much beyond LEO people to be honest. Even getting WLEO in an active pool with native RUNE once they role out cross-chain will be a tall order. Once ERC20 capabilities are launched, the competition to get in will be massive. How many ERC20 coins are bigger than WLEO? Lots. Only one new pool cycles in every 3 days, and only if it has adequate liquidity. Could happen, but likely not this year I think. We could skip RUNE, and set up another WLEO pool anyway, like a WLEO/USDT for example, and get the benefits of increased trading fees from arbitragers and more exposure. However, to be completely honest, I suggest RUNE as I am bullish on both RUNE and WLEO. Impermanent Loss is only an issue, the way I see it, if you don't really like one of the tokens you are pooling. I'd hate to be in a WLEO/USDT pool for example, "losing" LEO to get more tether - no thank you. I hope this all makes sense to you?

  2. Up to Khal really. I'd imagine it wouldn't involve an increase to inflation - likely to upset the majority that would not be in this pool. Also, taking more out of the existing rewards pool would upset too many and is highly unlikely. Most likely is that the existing Geyser funds would be spread to cover this also. This could hurt the depth of the pools if it reduces peoples return on investment, and mean more people pull out and unwrap to get better returns from curating. Interesting question for Khal to ponder. Maybe the drop in returns could end up being covered by increased trading fees from arbitragers?

  3. I'd assume yes it would be long term. If it happens, my timeline for the investment would be years, personally, as I think both projects will be hugely successful over the next few years, but I am biased as a holder of both tokens. On the IL topic, would you be as upset if you were in an ETH BTC pool and lost 25% of your ETH for 25% extra BTC? IL is perspective and if you like both sides of the pair, it is irrelevant IMHO. Just my perspective, something to think about.

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