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DAO commons, locked

For a DAO that wants its trading tax to reward long-term LPs.

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Deploying soonSet it up now without Floor bid, which is deploying soon. The launch's owner sets up the ETH pool's Time-Lock Boost, or Hookr does for a launch held in the launch lock. Anyone can fund it, the treasury included.

DAO commons with a Time-Lock Boost: the treasury turns the USDG pool's tax into rewards for LPs who lock full-range ETH positions, paid every second.

A remix of DAO commons.

Why it is different. The treasury can turn the pools' tax into rewards for the LPs who commit their liquidity longest.

The pools

Launch · split 50/30/10/10 · locked 100,000 blocks · royalty split

How the pools work together

  • Royalty pays up to eight payees fixed at launch, such as contributors and a grants fund.
  • Fee Bridge named as one of those payees, can pass a share of the royalty, in ETH, to the ETH pool's in-range LPs. Live
  • Tax funds the treasury, which funds the ETH pool's Time-Lock Boost in USDG, a tranche of 1 to 52 weeks at a time.
  • Time-Lock Boost pays that USDG every second to full-range ETH positions locked 1 to 9 weeks, each in proportion to its liquidity times a multiplier of up to 3x.
  • Liquidity Ladder would move DAO-owned positions between the pools on a schedule voted before launch. Proposed

See it run

DAO commons, locked's pools with simulated trades: a split across each launch's pools, arb recapture between the pools that run it. Pick a transaction to see its legs.

Beside the pools and at launch

Connectors