Laplace excellent RfC! Easily in favor of progressing this rapidly to a KIP and really appreciate C3's well-designed protocol org and alliance offer with KlimaDAO. Would be proud to partner with such a forward thinking & positive sum partner ππ€.
Only questions I have for clarity are:
- So in the single staking vaults, we would be earning C3 token rewards for staking our wsKLIMA for example?
- Why do you think to incentivize a C3/FRAX SLP and not C3/KLIMA? In principle, I'd be more keen on the latter (granted from USDC it'd mean trading through 2 pools of USDC/KLIMA & KLIMA/C3).
[Edit: answers from Discord -- no more questions from me!
"1:Yes, you will be getting C3 from staking your wsKLIMA, as a 'risk free method' for those who aren't interested in staking carbon assets.
2: We do want to move it towards C3/KLIMA in the future, but to isolate the initial volatility onto us and not push it onto the Klima token, we decided to pair it with frax."]
I'd be keen assuming community endorsement of this partnership, Policy soon drawing up a KIP to introduce naked NBO and NBO/KLIMA SLP for bonding to diversify/increase the quality of our treasury. I'd also introduce naked UBO and UBO/KLIMA SLP as a second priority, for exposure to GS, and reduce capacity for naked BCT.
Lastly, I encourage other Klimates to appreciate the generous alignment of interests from C3's grant of their DAO token to KlimaDAO. This is strategic for us as seen recently with Toucan that we are meaningfully represented in governance of carbon bridges we invest/promote so much to bootstrap. You can compare with the proposal of Flow 1 month ago offering 2.5% in liquidity mining incentives between 2 LP pairs, only 1 of which with KLIMA, so could be closer to 1.25%. C3 has raised the bar for what it means to be an ally of KlimaDAO and all Klimates π