Gauging interest with this post.
Bancor has YFI/BNT pool with impermanent loss protection. You can provide liquidity both one-sided and two-sided (50/50). However, size of the pool is too small.
Proposal is check sentiment in YFI community first and move on with 2 proposals on Bancor forum:
- Bump YFI/BNT pool size limit.
- Vote YFI/BNT pair in as large cap pair and earn liquidity mining rewards for staking.
This option is superior to what sushiswap is offering – similar rewards with impermanent loss protection on top.
Ideally, after passing these 2 proposals we will have more on-chain locked liquidity for YFI treasury buy-backs.