@mkoeppelmann This is an extension to option 2, airdrop to GNO-holders:
Ve-assets (Curve) has the best tokenomics design in our industry that would allow to flourish a whole ecosystem around a parent token like GNO.
Several projects have recently implemented this model like iceCREAM, veFXS, vKP3r, and oSUSHI
In a similar fashion, we could have veGNO, a non-transferable token minted from the long term staking of GNO.
1 GNO locked for 4 years = 1 veGNO
1 GNO locked for 3 years = 0.75 veGNO
1 GNO locked for 2 years = 0.5 veGNO
1 GNO locked for 1 years = 0.25 veGNO
We could implement rewards to veGNO holders like GP token weekly airdrops, GP fees, discounts, bribes and eventually other projects token airdrops.
Only people who are aligned with the long term success of GNO would get the benefits
I see 2 main drawbacks for this model:
-Reduced supply increases asset volatility
-Capital inefficiency for having a locked asset
Aave understood these issues very well and they designed stkAaave. Stkaave is an staked representation of an Aave/eth 80/20 Balancer pool that acts as an insurance layer for the protocol (Safety Module) and accrues rewards for locking the tokens. Stkaave somehow reduces the supply while maintaining a healthy level of Aave liquidity.
If we commit to provide long term liquidity to GNO and ETH on a 80/20 Balancer pool, we might be able to get the positive effects from both Curve and Aave’s models:
1 BPT (X ETH+1GNO) locked for 4 years = 1 longGNO
1 BPT (X ETH+1GNO) locked for 3 years = 0.75 longGNO
1 BPT (X ETH+1GNO) locked for 2 years = 0.5 longGNO
1 BPT (X ETH+1GNO) locked for 1 years = 0.25 longGNO
GNO holders are natural ETH holders, so holding both tokens should not be an issue.
This way we could have the ve-assets long term benefits with a healthy and liquid GNO market. Gnosis partnership with Balancer would be also be strengthened