[RFC] Mendi Improvement Proposal - Integration and Partnership with Turtle Club

I have voted for yes, as I believe this can be beneficial for Mendi. People and organizations behind Turtle.DAO look quite legit (someone who has been involved in designing the LXP L campaign + auditors like Consensys Diligence, Omniscia.io, Creed, and Code4Arena). I also see the risk of having this LP going somewhere else instead of Mendi, as mentioned above me.

Although if RFC passes would love to see these in the MIP:

  • Mendi receiving the audit made by Turtle DAO, so the protocol and community can directly benefit from it
  • Setting up a vesting period for the 25% emissions received (I could imagine it even vested into a uMendi or sMendi staking contract)
  • A min. liquidity size for a certain period
  • A cap for total number of Mendi emissions
  • And would would like to see more exact predictions on what size of LP the community can expect
3 Likes