After going through some criticisms of the xComb Token on Discord, I have come to a productive solution that I feel addresses what I feel has been missing in this current launch.
I’m into getting some feedback on this idea, and then bringing it into a proposal, since I think it will be for the benefit of 1hive, as well as the other DAO projects on both xdai, and polygon.
I’m of the opinion that we need more incentives for long term development of LP Positions, as well as TVL for Borrowing and Lending with Agave.
We will also be needing more interconnected Swarms [as they have in Metagame.]
More Cross Pollination Partnerships.
- Incentivized $ROBOT LP
- Incentivized $HAUS LP
- Incentivized $GNO LP
- Incentivized $CLNY LP [when it launches]
- Incentivized $SEED LP [metagame]
- Incentivized $CHILI LP [metacartel ventureDAO]
- Incentivized $GHST LP [aavegotchi on polygon]
These interconnected partnerships build TVL, and allow for innovated dapp integration and project collab.
We also need other projects that don’t exist yet, which add value to one or more of the economies listed above.
- [ROBOT + HAUS] – Record Label
- [GHST - ROBOT] - Aavegotchi Aaparell.
- [CHILI + HNY] – A Joint Venture // Project Incubator Fund.
These relationships and small experimental projects, as well as any other projects that can be imagined:
- Housing Cooperatives
- Worker Cooperatives
- Artist Collectives
- Marketing DAOs
- [whatever other DAOs can be built using the tools available on xDAI.]
We need a culture that prioritizes this building behavior, in order to increase the wealth and amount of ‘robust’ or ‘resilience’ of these economies — this is because standard Degen Speculative plays do not provide this resilience.
I would propose that a token be created, or adopted, and used as a LP Reward Token, which is accessed through a 1hive proposal.
- Is your Project in development.
- do you have any income streams?
- Do you have members?
- Do you have a basic pitch, and a target for what you’re seeking to accomplish by when?
- Do you have a small treasury?
If the answers to these are reasonable, then submit a proposal to 1hive, for access into the 1hive DAO Incubator program.
- Daohaus DAOS
- Dao Multi-sig Gnosis Safes
- And 1Hive Gardens
The consequence of this is that your treasury gets Dual Yield Farming via 1hive.io [honeycomb].
Your LPs --[all of the pairs listed above for sure] are able to be incentivized by both $xcomb and [$whatever]
Added Bonus – Everybody can SEE that some people are farming [$whatever] - But, the value is only able to be farmed by DAO treasuries that are actually building and executing projects.
There could even be quarterly reviews [which are used in metagame to protect source cred distribution.]
I feel like there are not enough intra-sidechain DAO collaborations being acted on – compared to what is possible, and that 1hive.io could serve as this nexus, due to its launch on both xdai and polygon.
I think this would bring more liquidity, and more collaboration, and more productive long term community building / onboarding / value creation.
I also think that if people who previously wanted to use Degen Strategies only – wanted to participate, they would figure out how to build value by bootstrapping a small business – and turning it into a DAO – and that this may end up transforming how people relate to DeFi – as a toolset for building, rather than through more of a degen / ponzinomics lens exclusively.
Open to thoughts / discussion / feedback.