hey cryptoma20, Thank You for your proposal!
I have some important questions that the community is likely to have. Thank You in advance for your answers and your time!
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I’m not sure if you’re aware, but Gamma, a liquidity management provider, has recently submitted a grant proposal. I’m curious to know what are the main advantages of your service compared to Gamma? Could you please elaborate on that?
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Why is Charm’s TVL lower compared to competitors?
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How does Charm handle impermanent loss for liquidity providers within the vaults?
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What fees or commissions does Charm charge for its liquidity provision services through the managed vaults? are these fees fixed or variable, and how are they calculated?
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How does Charm ensure that the liquidity incentives provided through the managed vaults are distributed fairly among liquidity providers? Is there any mechanism in place to prevent concentration of incentives or favoritism towards certain members?
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If the grant amount you receive turns out to be less than 2M, how would this impact your plans and strategy moving forward?
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Have you considered the possibility of using liquidity incentives for a longer duration, like 9 or 12 months, instead of the proposed 6 months? how do you think this longer incentive period might impact Charms’s ability to achieve its goals?
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How does Charm ensure the long-term sustainability of its services beyond the six-month period covered by the liquidity incentives? are there plans to generate revenue or establish a self-sustaining business model for the platform?
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What security measures does Charm have in place to protect the funds and assets of liquidity providers participating in the managed vaults? how do you ensure the safety and integrity of user funds?