Liquity Chicken Bonds

[0x4007]

I'm a huge fan of Liquity and looks like they figured a bespoke bonds mechanism. I'm very inclined to study their approach and potentially use it in place of Olympus bonds.

https://twitter.com/liquityprotocol/status/1546877322564968449?s=21&t=gePN5gtCZli2korMogLDHg

[sergfeldman]

whitepaper_chicken_bonds_v0.1.pdf

[sergfeldman]

Explanation https://gist.github.com/peteriscan/a1ebde83ed7dfa1a3ffca5603efae8e4

[sergfeldman]

[0x4007]

Voke from Concave suggests that we deploy two bonds instances. Dio on their team will set up a Concave style bonds protocol for us. However their implementation has an off-chain and proprietary blackbox dependency controlled by them which is the original reason why I was bearish on their implementation. However, if we have a fully on-chain Chicken Bonds implementation to fall back on then we'll be okay.

As a final note, Voke made a compelling case for why we should also aggressively pursue a Curve gauge in tandem with our bonds deployment. He said it could be a great (temporary) revenue source.