Tokens for Gnosis Auction and Cowswap
Gnosis has recently launched two successful products with Gnosis Auction and Cowswap. Cowswap generating >$30M in trading volumes in just few day after launch.
The Gnosis Auction also has traction with successful token sales from Boson, YFI and Proof of Humanity. Couldn’t find dashboard though that shows the amount of money flow.
But how is the value of these products captured within the GNO Tokens? Isn’t it the GNO investors that paid for these products and should therefore get rewarded?
Many Defi teams are currently launching tokens to control their protocols and to capture value through the fee mechanisms. I don’t see a reason why Gnosis should not do the same for Cowswap and Gnosis Auction. Both seem to have a significant traction and there is plenty of possibility to take a cut from the money that flows through the protocols. So I would imagine a COW (Cowswap) and a BID (Gnosis Auction) tokens to be issued by Gnosis and distributed to past users through retrospective airdrop and used for liquidity mining to incentives in the future. But a big share of tokens could also be issued to the current GNO holders through airdrop for example. This would mean that GNO investors would directly benefit from the success of the products that were financed by them.
I have not put much thought into this but thought I could maybe inspire some discussions around this idea.