Geyser Refresh for Q3 2023

[Togenkyo]

I wanna link this post from the January Geyser discussions about positive aspects for SPOT as rewards:

@Brandon

With respect to AMPL vs SPOT rewards, I think there are a number of positive factors for SPOT:

• More predictable yields. Right now, most DeFi activity is seeking “real yield”. This is predictable yield, often from natural market structures, rather than inflation rewards, or rewards in an asset where the value could be directly impacted by the yield-bearing program itself.
• It allows the DAO to maintain exposure to the underlying AMPL. If we want to move towards Protocol Owned Liquidity, then we want to be diligent about how we deploy assets. If we use something like PALM to acquire USDC or ETH, then that can be paired with AMPL in the future forever. Expect another proposal on this soon.
• It helps distribute more SPOT out into the ecosystem. More users touching SPOT could lead to broader interest and future users as well.
• There’s a credible case that people will be more likely to hold onto a stable asset after the mining period vs a floating asset, since there’s less risk