I’d like to create this topic to generate discussions on creating long term value for PICKLE tokens outside of governance. While subjectively governance can be extremely valuable depending on the influence and usage of the protocol being governed, this value is commonly perceived to be lower than the value of simply selling a governance token for profit.
As such, many community members feel that more methods to incentivize the holding of pickles should be explored. Possible options that I’ve personally seen mentioned:
- Giving a portion of protocol / pickle jar fees to PICKLE holders similar to YFI and yVault treasury distributions.
- Staking PICKLE to boost PICKLE earnings similar to Curve.
Please suggest more!
UPDATE: It’s been confirmed by the primary team that the first option, giving a portion of fees to PICKLE holders is being pursued. But feel free to contribute ideas that you feel may be valuable and you’d want to see still.