# $cCOP - Initial Liquidity and Marketing Plan

**URL:** <https://forum.celo.org/t/ccop-initial-liquidity-and-marketing-plan/6761>\
**Category:** Governance\
**Created:** [October 23, 2023, 3:49am UTC](https://forum.celo.org/t/ccop-initial-liquidity-and-marketing-plan/6761 "2023-10-23T03:49:00Z")\
**Posts on this page:** 1\
**Showing post:** 19

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**Author:** ![LuukDAO](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/luukdao/32/6937_2.png) [@LuukDAO](https://forum.celo.org/u/LuukDAO)\
**Post date:** [October 24, 2023, 2:58pm UTC](https://forum.celo.org/t/ccop-initial-liquidity-and-marketing-plan/6761/19 "2023-10-24T14:58:05Z")

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Hi Juan and team,

Congrats on getting this conversation started with a well-written plan.

First, I generally don’t think Celo Governance should vote on any significant proposals in the coming period until we’ve resolved the proposals articulated in [Celo Governance Development Sprint ahead of CEL2](https://forum.celo.org/t/celo-governance-development-sprint-ahead-of-cel2/6742) and connected threads.

Sharing my initial feedback on the proposal:

1. My biggest concern: Lack of an existing and formal group taking charge of this initiative, building a team + organization + driving adoption simultaneously is a costly and intense effort. I would rather have an existing company or team make a real commitment (capital/talent/support) before considering an ask of this size.

2. Connected to that, it’s unclear who “We” is in this proposal and how the group would be organized. I see various names on the multisig who seem capable; however, it’s unclear which person is committing to which role and how this group will be formalized.

3. Based on the Multi-sig names, it seems the Treasurer will be an “anon” which is a major red flag for various reasons.

4. Size of the ask: I think the 2-year scope and requested liquidity are too high. I believe market demand and potential could be proven with an initial 6-month budget with much smaller pools (and less). I would imagine something in the direction of:

~$50-100K USD worth of cCOP minted through Mento  
~ $25k USD worth of cCOP \<\> cUSD and cCOP \<\> CELO liquidity each  
~ $25K USD of OnRamp/OfRamp liquidity - Only work with 1 or 2 venues  
Pilot / Marketing plan budget for 6 months.

In addition, I believe large liquidity asks should follow separate rules and remain under direct custody of the Celo Treasury. This includes Collateral Backing, DEX Liquidity, and CEX Liquidity.

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_[View the full topic](https://forum.celo.org/t/ccop-initial-liquidity-and-marketing-plan/6761)._