Bootstrapping USDT and USDC liquidity on Dexter with Persistence Community Owned Liquidity (PCOL)

[vandkar]

Thank you for sharing such valuable points @Rebel_Defi

@Rebel_Defi

I would suggest the more PCOL that can be added, the better.

What amount would you suggest?

@Rebel_Defi

I’m not clear on the tokenomics. But are there any value accrual or burn mechanisms?

You can read more about the proposed changes discussion we had on the Forum earlier this year.

@Rebel_Defi

Higher fees? Would a a slightly higher fee than 0.01% be attractive to LP providers? How much would this discourage people swapping?

Considering the example of Osmosis here, the swap fee on Stable CL pools is ~0.01%. I think that it is imperative for Dexter to remain competitive in this scenario, especially if it is to bootstrap deep stablecoin liquidity and facilitate high volume trades.

@Rebel_Defi

With the Alliance SDK, LP tokens can be used as stakable assets to receive a portion of native staking rewards. This could divert a portion of XPRT inflation to LPs.

This seems very interesting. Is there any other protocol doing something similar? Just thinking out loud here, but inflation can also be used for Incentivization across the board for the Persistence Ecosystem (and not just LPing on Dexter). What portion of inflation would you allocate to such a module?

@Rebel_Defi

If XPRT is to be used as the reward token, how about automatically staking the rewards.

Another interesting point. What do you think of incentivizing with liquid staked XPRT (if/whenever that is launched)? Could it potentially solve the problem you foresee if there are enough use cases?