(1) $LAZYBTC - A set of yielding BTC variants:
(2) $LAZYETH - A set of yielding ETH variants:
(3) $LAZYPIE - A combination of the above two pies:
Thoughts for discussion:
(a) Is there a need for $LAZYBTC and $LAZYETH? Or will there be clear dominant yield-generating variants ($ibBTC and $stETH for example). I think there’s a stronger case for $LAZYETH, since staking and lending/borrowing are mutually exclusive in terms of income generation. Maybe $LAZYBTC is still justified because it spreads risk across multiple interest-bearing projects.
(b) What variants did I miss? Tokens from Yearn, Cream, Curve, etc?
© Is there a need for $LAZYPIE? The ratio would be set, so only people who are okay with that specific ratio would want $LAZYPIE. Maybe governance would make this a nonissue.
(d) [Not Important] Better name than ‘lazy’? Since ‘++’ already exists on PieDao, I thought of $BTC** and $ETH** instead. In Python (and maybe other languages), this represents exponentiation.
One thing to note is that this wouldn’t need to be a pie vault, because all the income generation is already baked into the underlying assets. I realize some of the underlying assets probably have low marketcap, and some are younger than 3 months (https://forum.piedao.org/t/suggested-guidelines-for-pie-proposals/586), so maybe it’ll be a bit before this is feasible.