This is great feedback @MarcZeller, wanted to explore this conversation further. As a disclaimer up front, I work for Centrifuge, who has been vocal about wanting to propose an RWA facilitator for Aave, although this conversation applies beyond RWA collateral.
I think this makes a lot of sense and the phased approach you’ve articulated is in-line with how we view GHO’s go-to-market as well. We believe that GHO needs to prove its critical functions in a live market first before onboarding additional complexity with Facilitators (outside of the initial Aave market).
However, I see liquidity as a chicken-and-egg problem. Demand for GHO increases incentive to supply GHO, and vice-versa, supplying GHO can generate demand. All based on short-term or long-term trends in market behavior that no one can truly predict.
Acknowledging that, Facilitators are a definititive advantage of GHOs setup. To me, they are the primary tool for promoting demand-side growth. Depending on the market at GHOs launch and further, Facilitators may be necessary for generating liquidity in the first-place.
For this reason, I think GHO should have a Facilitator framework in place as soon as possible. The community can maintain a conservative approach through voting preferences, but the process is improtant as a Facilitator may very well be a key piece of GHOs initial success.