I strongly disagree with this proposition.
1/ Liquidity mining is a degen easy solution
Liquidity mining is an emergency joker that we should keep, if needed, to make the protocol growth.
2/ Bring value to users, not cash
Rn, we should rather keep working on governance development, markets implementation and basically maintaining a high innovation rate, rather than falling in the simple “money distribution” solution, that will make us take the idleness path. Confort is a brake on progress.
3/ Leaders favor developers, not farmers
Strong leaders like Uniswap and UMA distribute their gov tokens for grant programs, not for farmers. I recommend to embrace this strategy.
4/ More efficient solutions to spend treasury
- Better incentive for safety module liquidity providers
- Grants for projects required by users [1][2][3]
- Grants for developers and community built projects
- Restart referral program to empower those that bring liquidity to the protocol
In a nutshell
