We will operate the assets deposited in Tornado.
This is the same as what is already planned for projects like Frax and Balancer.
We will have a certain percentage of reserves for withdrawals and invest the rest.
The options for ETH are as follows
1)Aave/Compound :0.2% APY
2)Alpha homora v1 :10-15% APY
3)Uniswap ETH/USDC,USDT,DAI :50% APY
1)This is the most conservative operation.
2)This is the platform Andre used for KP3R. V1 has already been in operation for a long time and has the best risk-return ratio.(not v2)
3)Pair ETH with StableCoin deposited in TornadoCash to make LP. Good profit, but there is IL risk.
Operations, such as adjusting reserves, are done by the keeper.
Profits are paid to Torn holders who locked for Governance.
A good model would be XSUSHI.
When locked, XTORN will be issued to users.
For XTORN holders, buy back Torn from the market and distribute it.
If we lock about $200M ETH into Alpha, the reward will be $20-30M, and 50% APY will be Buyback on the current market cap of $60M.
Please give me feedback on this proposal.