RE: SPS Governance Proposal - SushiSwap Bonding Protocol Launch Partnership

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I addressed this is in Discord but I'll share my thoughts here as well for posterity:
The APR is very incorrect. We'd be paying 5% discount on tokens with the 30 day lockup. 5% of whatever is sold also goes to sushiswap. If we sell nothing, we pay nothing at all and just keep our tokens.

I love this concept of making a more sustainable DeFi and the DAO owning liquidity positions = income for the DAO. I'd like us to consider that something like this (even if not this exact deal) is a much better approach to defi than spending hundreds of millions of tokens to rent liquidity for another 3 years that all goes away when we stop the payments.

spsproposal
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(Edited)

You are right the apy is just 60% for someone just buying and reselling the sps after the 30 days, but our cost is like we provide nearly 120%.

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(Edited)

Do you understand that you vote is considered “dust”? Upvote or Downvote? On the contrary I can nuke your account? So that you know :)

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how does it make it more sustainable if we have to continue paying a 5% discount every 30 days? Now I'm really confused.

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