This could be a super exciting proposal for Centrifuge
It’s an interesting time, with the Stellaswap proposal also in RFC, but comparatively it appears that incentivizing LP tokens with CFG rewards is a questionable move for the Protocol.
Thanks for clarifying the benefits @nicolo. Given your knowledge of DeFi and understanding of CFG token-economics I would be inclined to follow your lead. As pointed out the starting point of 2,222,222 CFG or 500K seems too high and the rational of 2s looking like snakes is v cute but not at all substantial
@jgreen you say that only more liquidity brings efficiency, but that also 100K could be on the cards if that’s what the community wants
@nicolo can you expand on why the daily cfg volume and liquidity of other tokens on Hydra help 100K be a good initial amount?