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Select from yield-bearing round tokens #36

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spengrah opened this issue Mar 30, 2021 · 1 comment
Open

Select from yield-bearing round tokens #36

spengrah opened this issue Mar 30, 2021 · 1 comment
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enhancement New feature or request

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@spengrah
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Overview

For longer rounds, contributions can in theory be converted to a yield-bearing asset to grow the total funding per round. clrfund can use any ERC20 for the round token -- including deposit tokens like cTokens, aTokens, or yearn vault tokens -- so user contributions made in "raw" stablecoins could be converted into the yield-bearing round token, potentially via a zap.

On the deployer side, an option for admins to select the desired yield-bearing asset as the round token and configure the zap.

Considerations:

  • deposit/withdrawal gas costs eating up any yield earned
  • different defi protocols on different networks
@spengrah spengrah added the enhancement New feature or request label Mar 30, 2021
@spengrah
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@daodesigner I don't think this is a priority. Maybe more relevant for Transparent, or perhaps even a subsequent iteration.

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