Thanks for the post @litocoen ! Nice to see a good protocol like Hop interested in agEUR liquidity.
Well put @adcv , I wasn’t thinking about it that way. This is what we have done so far, and part of the rationale behind AIP 31 - Change in ANGLE emissions .
Do you see any other “Spoke strategy” beyond agEUR-USDC & agEUR-ETH ? Maybe looking at the other most traded tokens on-chain?
This is my concern as well, though as @sogipec puts it risk seems limited: either HOP holders buy & lock ANGLE to vote which should have a positive effect on the token / protocol (1); or they don’t and no emission is spent on the pool (2).
The remaining issue are bribes and Stake DAO votemarket. I feel like there is a lot of idle sdANGLE voting power, which will vote for any gauge once they realize they can get paid for it. This would write off the positive effects on ANGLE, and can be significant as sdANGLE holders represent more than 50% of veANGLE voting power.