Posting the Work Team Analysis results for ETH2x-FLI. Work team analysis was done by @afromac , @allan.g , @Metfanmike and myself.
Link: FLI_Polygon_Product Scoring Chart - Google Sheets
Overall Score: 2.03.
This is just under LINK-2xFLI (2.08) and just above MVI (1.92). It scored exactly the same as MATIC2x-FLI – they represent very similar potential for IC products to experiment on Polygon.
Market Opportunity: 3.5
The product did not receive a point for large market as it will be native to Polygon – a smaller (albeit promising) market than our other products on Ethereum. The team was divided on whether it represented a “must-have” and whether the benefits of saving on gas costs negated the necessity of bridging assets over to Polygon and the friction that process creates.
Revenue Structure (5), Methodologist Impact (3), and Financial Costs (1) were unchanged from the last FLI product scoring (LINK-2xFLI).
Operational Costs scored a 3, noting that there is blowup risk of any FLI product, and that the parameter maintainance and additional monitoring deserved an additional point (this effort feels on par with a monthly rebalance.)
Finally, technical costs scored a 2. FLI products are largely 1s at this point due to the work Set has put into the product suite, but launching on Polygon requires the setup of a new multisig, arb bot, and website tooling for token purchases.
re: a MATIC/ETH tie, you may ask one of the following questions:
- “oh no! What do we do if both products score the same?” Luckily, this rubric is no longer used for prioritization and product sequencing. That responsibility lives with PWG & EWG as they have the best context on the product requirements and roadmaps.
- “Um, why did they both score… the same?!” FLI products (as they share a technical framework and a methodologist) generally score very similarly to start with. We also don’t know enough about the Polygon market to differentiate between opportunities there, but think that the ETH / MATIC product pairing makes great sense to start with as a test. ETH2x-FLI represents the possibility of making frequent trades in a low gas environment, which the product was originally designed for but infrequently used for. MATIC2x-FLI represents the opportunity to take a long position in an ecosystem the holder is bought into – something FLI products were not designed for but are frequently used for.
Looking forward to seeing how these products progress & perform!