Creating the Next FX Market: A Strategy to Attract Liquidity to Celo

Thanks @Tomer-Ba , reason I ask is some people questioning the various line items for this proposal and I wonder if it might read a little tighter if the in-house MEV part was excluded. I feel if the liquidity comes then the already existing searchers on other EVM chains will come across naturally no? (Although that might take some time, but they would flow where opportunities arise, as far as the entire ecosystem is economically rational)

Plus it’s unclear to me who the beneficiaries are of the MEV development part of this proposal. If everyone goes extremely well and the proposal suceeds and you deploy liquidity where it’s needed, and come up with some great automation / MEV / market-making tools that deepen liquidity and make the ecosystem better overall, if there’s any alpha in the strategies where does the revenue go? Is this earned to Credit Collective as an entity or does it come back to the treasury etc?

I’m supportive of this proposal in general, as I think the intent of this Season is, to rephrase it a little: “get serious”, and I agree that activity flows to where the money is. So I like the idea but feel the proposal could do with some sharpening around some of the details.