Updated AIP #1:
TLDR: Based on the feedback and discussions in here, I have gone back and discussed what the optimal method of these sorts of cross features really is. In the medium post here, we as Abracadabra have discussed the aspect of opening up the development of cauldrons. I now retract the above proposal and here with change this proposal.
On the Popsicle Finance side, we have worked and developed cauldrons for our PLPs. This proposal is thus simply changing to a question of whether we as the Abracadabra community would like to top up the Popsicle PLP cauldrons with MIM. The fees for the cauldrons as normal go to Abracadabra.
Short Overview
As mentioned in the proposal above, Popsicle Finance has launched Sorbetto Fragola which optimizes UniV3. Popsicle has now developed cauldrons for the following Popsicle optimized LP positions:
USDT/WETH
USDC/WETH
WBTC/WETH
USDT/UST
USDC/UST
USDC/USDT
Popsicle makes a return on these pools via a performance fee which comes from the optimization of the actual pools. As the cauldrons are now developed, Popsicle Finance is now proposing to allow for top ups of these cauldrons- to start off with Popsicle proposes a top up of 25m MIM for each pool.
Benefit to Abracadabra
The benefits of this proposal are simple. Abracadabra is making fees off of the cauldrons without them having paid for the development costs as well as not having to deal with any UX/UI. Whatever TVL Popsicle Finance has from these cauldrons Abracadabra will be earning fees. Furthermore MIMs backing will have further diversity.
Fee Structure
All cauldron fees are going to sSpell holders as per usual. The structure for all cauldrons are:
Maximum collateral ratio 85%
Liquidation fee 8%
Borrow fee 0.5%
Interest 3%
Conclusion
The initial proposal to make a easy fee split for all LP pools is here with deprecated, instead the proposal is turning into a simple top up proposal, where the question is whether these cauldrons that Popsicle Finance has developed with the help and guidance of Abracadabra, should be topped up with MIM.
Considering this is a relatively drastic change to the existing proposal, Popsicle looks forward to hearing feedback, and then moving this towards a vote.