BeethovenX

We propose to put some portion of the liquidity tokens in the treasury assets into LiquidDriver farms to acquire LQDR. Currently, the treasury holds about $180K worth of liquidity tokens (FTM-USDC and FTM-USDC-ETH-BTC) that can be used for farming on LiquidDriver. The farmed LQDR will be held in the treasury, its use will be decided by future governance votes.

Pros:

1. this would put some portion of the treasury assets in further use, to accumulate LQDR;
2. as LiquidDriver plans to work closely with BeethovenX to acquire fBEETS, getting LQDR for the treasury would help better align interests of the two protocols;
3. in case that LiquidDriver acquires a huge portion of fBEETS in the future, holding LQDR (in the form of staked xLQDR) would give DAO treasury more voting power;

Cons:

1. it exposes our treasury fund to additional smart contract risks (while the LQDR contract involved is a variant of the battle tested Sushi masterchef contract), interacting with any smart contract involves risk;
2. it will dilute the farm on LiquidDriver.

Options (the one with majority vote wins):

1. Yes, deploy treasury assets to the farm with a cap of 50% of liquidity tokens;
2. Yes, deploy treasure assets to the farm with a cap of 25% of liquidity tokens;
3. No, more discussion needed.

About LiquidDriver: LiquidDriver is the first liquidity mining dApp providing liquidity-as-a-service in the Fantom ecosystem. They aim to bring its users more utility, rewards, and long-term benefits through their native token, LQDR, and ultimately become the leading liquidity-on-demand platform for dApps on the Fantom Opera Mainnet.