Proposal: AMPL/FORTH ElasticSwap incentivized pool

Hey @xiri thanks for the proposal!

I’ll link this other topic, which is relevant:
https://forum.ampleforth.org/t/forth-dao-now-controls-the-ecosystem-fund/512

I think that if the DAO is already holding both FORTH and AMPL, I can see deploying it somewhere rather than leaving it sitting idle. Also, if the DAO wants to provide liquidity for FORTH, I agree that AMPL is the best pair token. It’s already owned, it’s a unit of account, and it provides more liquidity/volume for AMPL.

In terms of liquidity for FORTH… While I don’t think more liquidity for a governance token necessarily makes that a better governance token the way it does for a monetary asset like AMPL, I think there is still a balance and we may be a little low there on DEXs where other protocols & DAOs are likely to acquire them. I have heard from one DAO that reported liquidity issues trying to acquire a stake in FORTH fwiw.

While integration of governance on other chains is theoretically possible–AAVE has some integration with Arbitrum, I believe–it would require some development.

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