Create a new strategy (or vault) to farm AMPL where one would deposit Uniswap & Mooniswap LP tokens (ETH-AMPL, BZRX-AMPL, BAL-AMPL, etc.) to receive AMPL tokens.
Current Geysers & rates:
This proposal would expand upon Yearn’s yield generating abilities by offering a variety of new assets to earn yield on while diversifying Yearn’s portfolio of strategies. This would also reduce the reliance of Yearn on Curve.
Ampleforth offers serious yield (>30%) for farmers, and a legitimate avenue for profitability while creating more options for users. This strategy would also implement a new (semi) stablecoin to diversify from specifically dollar pegged tokens.
- Create a new strategy, or a new vault if necessary that would farm AMPL
- AMPL is sold for the base asset(s) in the strategy/vault. (Community could decide to implement keep or liquidate option separately.)
- Depositors have claim over the excess profits.
Details on how the Geyser works:
Proceed as proposed above
Do not offer AMPL as a farming option
I do not know how to create a poll