Now moving forward onto your second proposal.
As you could probably gather from the initial feedback from @Hugh and @Defi_Dad, we are very open to discussing new markets and use cases for wNXM.
BarnBridge Smart Apha seems to offer quite a unique solution which should be explored further for the benefit of the Nexus Community.
Member @dcc asked 2 important questions and I’ll give you some additional context based on your feedback above:
-
On minimum viable size for the pool:
You’re right to remind us it should be worth the effort for Barnbridge to build something for wNXM. Rest assured, the community fund has well into the 7 figures worth of wNXM, so we would not be wasting your time. But still, it’s important to get a feeling of an appropriate range for these pools to function properly, based on the design and your experience. -
On epoch duration: weekly vs monthly (pros & cons based on various criteria)
There is no specific component in wNXM. @dcc mentioned a personal preference. This reflects the long-term orientation of investments by Nexus (such as stETH). Day-to-day or weekly volatility is not and should not be a focus. Having weekly epochs kind of go against this approach (laid out in the Investment Philosophy). -
Another item:
In your proposals, both Nexus Community Fund as well as the Capital pool are mentioned.
So this would need to be addressed and discussed, which of the 2 vehicles would you expect to be the right one and why?
As a wrap-up, we are
After this feedback, would you be willing to expand on your initial proposal (or start a new one focused on a wNXM/ETH pool…), addressing the 3 questions above?
A few additional items would be good to mention as well:
- Smart Alpha: Risks and audits
- Scenarios for participants in a pool.
I find that your docs are well structured.
→ Could you maybe give more color on the “significant risk” for junior depositors which is mentioned?
Also, as you have a good tool for simulation, it would be interesting to go through some scenarios in a proposal for the Community to get a better sense of the possible outcomes.
Once again, as @BraveNewDefi said, we love DAO-to-DAO proposals, and we really appreciate you taking the time to put this together.