@Patrick Love these concrete suggestions, we shared some thoughts about increasing stCELO usage and impact here.
We’ve also made meaningful progress toward veCELO
- Digital Asset Treasury: I’m actively involved in some Eco / Investment Fund set-ups and keen to start something for Celo in this direction.
- veCELO: We’ve run some early pilots of this with Support Streams Season 0 and now Support Streams Season 1, where we use locked stCELO to decide where a portion of CELO / OP incentives are pointed. We could expand this setup to include a ve/time-based lock element and incorporate some mechanisms that allow projects to burn an x amount of CELO and/or provide native-token incentives to attract veCELO votes.
- Burn flex: Yes, I’ve been closely following the ETH Community Foundation, which is built around ETH Burning. They are starting to allocate budget soon, and as soon as they show signs of figuring out a model that works, we’re keen to replicate some of it for Celo through CeloPG.