I’m a fan of the lossless investments idea, and like new projects getting a predictable supply of seed money over time, but as a small-time #crypto investor, I’d like to see another option which could deliver more retail investment into Pylon’s pools and help align MINE investors with project launches.
As an investor, one thing I’m looking for is passive income. a 6-18 month lockup is not attractive, and I suspect there will be large dumps when each of these pools unlock, as everyone takes a long-awaited profit.
More of a gradual unlock schedule would be better, and also monthly % unlock. Here’s my idea:
In addition to the existing pools, another pool is created that allows me to commit an amount up to the value of my $MINE gov stake, and receive 10% unlock each month over the next 10 months, including releasing 10% of my $UST and 10% of the project tokens awarded.
This could be done for each investor on the day they decide to invest in this way, so there is a continuous but gradual unlock no one can predict and so schedule a pre-unlock dump.
I can leverage the value of my $MINE stake by using its value (at time of investment) for every project that launches on Pylon–but if I decide to sell my $MINE stake, I have to choose one of the static pools to move my lossless investments to, so goodbye to passive income gradual unlock.
In this way, projects can still get monthly budgeted investment funds, staking $MINE and holding becomes more valuable, and small investors don’t have to risk 6-18 months of idle $UST on a project only to see it dump as soon as they get awarded tokens.