PTIP-61: Provide Single-Sided Liquidity to Uniswap V3

[drcpu]

Two thoughts:

1. Any specific reason to choose for a USDC base pair versus an ETH base pair? Generally stable coin pairs lead to more IL and you lose the advantage of moving in tandem with a bull market.

2. I like range positions because they are essentially a DCA out strategy. Which is something we’ve discussed several times in several forms, but never actually implemented. Of course a USDC base pair does make sense in that case.

@underthesea

2. I’m aware of something drcpu has mentioned a few times - that generally the protocol owning the majority or all of the liquidity is somewhat of an ideology debate.

This is true, but that is more an ideological issue of mine with attempting to buy most of the liquidity through a program like Olympus PRO. This proposal is aimed at providing base liquidity and anyone can add to that. I guess it does look very similar though.

@Brendan

The attack wouldn’t be by buying in one shot- it would be a constant accrual at a rate below the value of the treasury.

Technically it would be better if we do not provide significant liquidity in the $2 range if we want to prevent this? That way any attempt to buy tokens for a governance attack push the price upwards rather quickly.