PEP-21: Bypass wPOKT LBP and go straight to the bridge

I agree with this proposal as well. The multiple CEX listings have probably onboarded anyone who was waiting for the LBP. If LBP has low excitement surrounding it, price may be impacted negatively.

If LP is of significant concern, maybe exploring protocol owned liquidity is an option through OlympusPro. Sell wPOKT at a discount for wPOKT-dai LP. It would add to the decentralized nature of pokt and would allow for Pocket network to not rely on LP-providers. Just a though.

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This is interesting but should be a separate proposal.

I intend to do a follow up proposal regarding an LP pool anyway for wPOKT/Stable pair to (hopefully) get some clarity around potential liquidity concerns.

Let me know if I can help. DAO owned liquidity will be important once wrapping POKT is possible.

agree, don’t think an lbp makes much sense here as we already had price discovery even if on a small group

I agree with this proposal however LBP can bring the :whale: which outweighs any cons esp this early on.

This proposal is now up for voting Snapshot

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This proposal has passed Snapshot

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