Talked to a builder who liked the $DONUT model for TGE and even the LSG model for governing treasury
He plans to launch a token but with some changes and it makes sense for what he is building.
He plans to do mining with USDC, but wants to pair the token with ETH.
He likes the dutch auction but wants constant inflation forever, not the halving model.
Ex: 1 token / sec mined forever.
I said that this won't work because the token will be inflationary.
His counter argument not if the buybacks are more than the token mined. Makes sense.
He wants flexible control of 20% treasury revenue. For first few days it should go to LP but then wants to switch completely to buying back $DONUT for gDonut but then he wants to switch to buying-back his own token and also giving himself some fees.
Totally makes sense for a solo builder of what he wants to do with the treasury.
That is something what
@jake does with $QR treasury. He makes decision as he likes and the market has awarded him for making best decision for the product / app.
The more I think about it the more it makes sense to me that the current Franchiser launchpad is not meant for serious builders because it doesn't give them any flexibility or customization. I hope to see an upgrade for Franchiser in the future.
Also, I think you can use the LSG contracts, the auctions and the UI but instead of token governance you can use a multisig. The auctions would still be public but you don't have a token around it. You can remove and add strategies and even redirect streams however you want. I also like this approach for a product which wants to make fast decision but still want it to be transparent and public.