RE: LeoAlpha: Exploring the Idea of Thorchain's Potential Implementation of Protocol Owned Liquidity (POL)
You are viewing a single comment's thread:
Nice article! I was going to write about DeFi 2.0 and Olympus. Beat me to it!
I like the concept that they purchase the liquidity using (locked-up, discounted) sales of their native token, rather than renting it through high APY.
It seems a potential solution to "toxic liquidity" (a.k.a. mercenary capital in your quote). Just a better alignment of incentives. Although I wasn't sure it would work for a new protocol, since usually there isn't much market cap to sell until you get the TVL off the ground.
0
0
0.000
Yeah Olympus is super interesting! You should definitely do some write-ups about it, I enjoy your technical perspective you share in your content
This concept is going to make massive waves in the space. We’re implementing it on Polygon CUB and I believe you’ll start to see it in most DeFi going forqard
Posted using LeoFinance Mobile