LP Strategy Framework
Work with Popsicle Finance!
With Popsicle Finance we do not want to only build an LP optimization platform where the core team builds strategies, the LP environment is so broad and thus there are many different strategies that will generate high yields. Rebasing tokens, leveraged tokens, fractionalized NFT tokens- all these LPs can be optimized in different ways.
This is where we believe the power of working together with people that are experts makes the most sense. With this article, we want to explain our LP Strategy framework. What is in it for you the strategist and what is in it for Popsicle.
Why work together with Popsicle?
With Popsicle, we have created a flexible system where adding new strategies is relatively simple.
Join us for the following reasons:
- Don’t deal with LP tech setup!
- Get backtesting data!
- Access to Strategist communication/calls with Blockchain Labs as well as all team and external strategists to enhance your strategy or discuss other strategy ideas!
- Profit Share!
Historicla data to backtest?
Having a successful strategy does not just mean having a great idea, in order to make sure your strategy is successful you need to make sure that it stands its ground in any and all market conditions. Thus the sample data we have in order to backtest will help you as the strategist out immensely.
Profit-Sharing?
Of course, Popsicle is not just going to be greedy here. We want to make sure strategists are encouraged to build many profitable strategies as well as optimize on their existing ones, thus a profit share of 50% of the fee profits will be put in place.
Currently, the protocol and subsequently nICE holders, take a 10% fee off of the profits that LPers make. For the strategy that you build you will thus get 5% of these fees! If the overall fee should get increased or a management fee is introduced you would of course always get 50% of these.
I have strategy ideas, what should I do?
We have been working with two really eager strategists to experiment and kick this process off. Keeping it small has helped us learn how this process is best streamlined. We are now ready to release a Google Form, which you can find here.
Within this Google form, you will be able to “apply” by high level explaining what your strategy is, providing a short intro about yourself, what parameters the strategy would involve, and some contact information.
Once you have filled this out, the team will go through it. If we agree with you that the strategy is interesting then we will message you via the contact details you provide.
We will likely keep the group of strategist small to begin with, and as we grow will also grow our partner strategists!
If you are looking for an exciting challenge, come work with us!
Come and have a chat with our team on our Discord Server and follow us on our Twitter account!