Season 1 Orientation:
$COLLAB Token
Proposed Journey: Please include a one line description (tl;dr)
Deploy 8M COLLAB (~40k USD) of single-sided COLLAB liquidity (above current price) at 1% fee tier to capture anticipated buy pressure to build DAO protocol-owned liquidity
Baseline grant amount:
% of total available Orientation Budget:
Fellowship name:
Fellowship Lead:
Contact info:
Optimism L2 recipient address:
Please list the members of your Fellowship and link to any previous work:
Please explain how this Journey will help further the above Orientation:
- single-sided liquidity deployment will allow us to capture the underlying asset from selling into a buy wave as price moves into and through the range we deploy to through Uni v3. ETH value captured will allow us to level up and provide dual-sided liquidity in larger amount to support the DAO goals in the next round.
What makes your Fellowship well-suited to execute this Journey?
- we meet and work as part of the Collab.Land team
Please list the critical milestone(s) that should be tracked to determine if you should receive your grant in one year: Critical milestone(s) demonstrates the proposal has been executed (a clawback is possible for failure to execute on critical milestones)
How should token delegates measure progress along this Journey:
- Benchmark Milestone 1 (please include expected completion date for each)
- 8M COLLAB deployed to pool on uni v3 - Dec 18, 2023
- Benchmark Milestone 2 (please include expected completion date for each)
- Expiration of timed experiment (January 15, 2024) or completed asset reallocation from price movement through deployed range
How should DAO Pass holders measure impact upon completion of this Journey?
- KPI 1
- Amount of ETH held in the multisig at end of experiment
Breakdown of Journey budget request:
- 8M COLLAB to deploy in uni v3 pool range
${price_at_time_of_deploy}+10% - $0.21 even deployment across range at 1% fee tier
- no funding requested for Fellowship
I confirm that my grant will be subject to clawback for failure to execute on critical milestones: [Yes/No]
Yes
I confirm that I have read and understand the grant policies: [Yes/No]
Yes
I understand that I will be required to provide additional KYC information to the Collab.Land Co-op Board to receive this grant: [Yes/No]:
Yes