I was trying to post this in governance proposals but i can’t for some reason so here i am posing it here.
We heard talking about how much we spend in bribes to get CRV pools for us … but what if there is another way… a way for us to not have to pay as many bribes… plus increase the treasury.
Hear me out
Abracadabra offers a bonding/TIME esque discount (lets say dynamic percentage) to people who are buying SPELL using USDC/MIM or USDT/MIM LP tokens, Abra takes these tokens to Popsicle to deposit into a SPECIAL V3 pools that earn fees … those fees are split 50/50 to BOTH nICE and sSPELL holders.
This helps with:
- The peg
- Add more money to treasury
- Ofcourse this naturally increases buy pressure on SPELL while reducing the amount needed for bribes on the longer term.