Gauge Voting, Liquidity Pools, and Smart Asset Allocation: A Practitioner’s Take
Whoa! Right off the bat I want to say this feels messy. Gauge voting changes incentives for LPs and it can warp asset allocation fast. My instinct said there was a simple trick to gaming yields, but then I dug in and the picture got more tangled. Initially I thought governance nudges would be minor, […]
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