How To Unleash The Hidden Potential Of OlympusDAO & Other Reserve Currencies

Changing The Narrative From (3,3) To Community-Owned Treasury

Narrative Shift: Vesq = The People’s MATIC Whale

High-Level Overview

Part 1: Inspiration Taken From CitadelDAO

A. Creating a new locking mechanism:

Benefits To $veVSQ Holders Include:

  1. Earn $VSQ emissions
  2. Earn a portion of bonds in the form of the respective bond currency paid out every quarter
  3. Earn farming revenue from treasury funds
  4. Collect bribes for directing treasury funds to various protocols
  5. Governance power for future decisions

B. Changing The Emission Schedule:

$VSQ’s New Emission Schedule

The Emissions Would Be Split Into 2 Parts:

  1. DAO treasury: 15% of emissions would directly go into the treasury which would be split into LP and operational funds at 10% and 5% respectively.
  2. Token Inflation: Remaining 85% will be dynamically split amongst (a) emissions to veVSQ holders, and (b) emissions to bond sales to acquire treasury assets
  1. Current Market Cap relative to Treasury (MT)
  2. % of current token supply staked (S%)
  3. Low Target MT (ltMT) — The lower bound of the target MT ratio range.
  4. High Target MT (htMT) — The upper bound of the target MT ratio range.
  5. Max MT (xMT) — MT at which stakers & lockers receive 0 emissions
  6. Min MT (nMT) — MT at which stakers & lockers receive 100% of emissions

Parameters For Elastic Emission To veVSQ Holders

Situation 1: MT Ratio In Target Range

Situation 2: MT Ratio Above Target Range

Situation 3: MT Ratio Below Target Range

Funding Emission To Acquire Treasury Through $VSQ Bonds

MT Ratio & Bond:veVSQ Emissions

C. Creating Dynamic Bond Pricing

Bonds Contract

Bond Manager

Example: MATIC Bond Contract

Top up: After 8 hours and Balance = 5,000

Top up: After 8 hours and Balance = 999

Bond Sales Reward veVSQ Stakers

Part 2: Inspiration taken from Sifu Vision

A. Quarterly $VSQ Burn

B. Rage Quit

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