IIP-63 MVI Liquidity Mining - August 2021

Agree with Matt here. Would love to see us grow MVI liquidity more. Based on DFC’s numbers we have spent just over $260k on MVI LM up to this point alongside a ~$100k Q3 budget. For an index with a $10 million market cap built by community methodologists (not earning methodologist bounty) this seems to be an awesome return on investment.

MVI is clearly well on its way to finding a deep product-market fit. If we take the time now to really invest in growing MVI liquidity we can dominate the metaverse space for years to come. Based on the strong growth this product has already seen it seems like we can aim to be more ambitious here. $20 million of on-chain liquidity seems like a very reasonable medium-term target IMHO and would unlock tons of opportunities when it comes to money markets.

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