APWine

Summary There is currently 480,000 APWine Worth of Space in the Bancor Pool. Bancor provides the treasury with two key features Impermanent Loss Protection and Single Sided Staking. This will mean the DAO is guaranteed a return on it’s investment, will need to provide no counter asset like ETH, and will grow the depth of APWine Liquidity by just under 1M USD (50% BNT from Bancor DAO/ 50% APW from APWine DAO)

Context Bancor is a DEX with over 1 Billion USD in TVL. The Core product offerings are Single-Sided Staking and IL Protection which make it the optimal solution for DAO sourced Liquidity. The DAO would be opening up a new and insured revenue stream while at the same time allowing for lower slippage which should allow entry for larger investors.

It’s also worth noting the Bancor Community is well aligned to work with APWine when B3 Launches since single sided LP tokens are a perfect fit for the APWine future yield model. Bancor also has a favorable view of APWine as can be seen by the fact we received one of their rare Liquidity Mining Campaigns. This is not the last we will receive as well, should we choose to launch dual LM on B3 the Bancor DAO has already approved 50,000 BNT to be distributed in the APWine Pool over 24 months.

Rationale The BancorDAO has already approved the Co-Invested BNT Here: Proposal: Whitelist APWine.fi ($APW) / 250K BNT Co-investment (2nd attempt) - DAO Archive (SUBMITTED) - Bancor Governance Forum 3 All that would be required of the team is a simple approve() and addLiquidity() functions on the Bancor APWine Contract.