That’s better. I’d reduce the bureaucracy involved to:
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The 100M PNK ← → 1000 ETH path would have no conditions whatsoever. That’s a huge premium, almost 2x current market price in ETH, so despite PNK illiquidity, that should always be a net positive for the Kleros DAO no matter what. And futarchy markets on price impact would agree with that.
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The 100M bag priced at retro 3mo average from agreement date path, should have conditions. But your proposal seems very cumbersome for the Cooperative to interact with, isn’t there a better way? e.g:
- Coop covers the ETH amount of the whole bag.
- DAO mints 25% (or 50%?) of the agreed-upon PNK bag immediately so the Coop gets the benefit of being liquid immediately.
- The rest of PNK will be minted according to quests, like you’re suggesting. So, if the Coop wants their worth, they need to fulfill certain goals. But those goals wouldn’t have any deadlines or time limit.
I think that would reflect as a net positive in the futarchy market as well: either the DAO has minted a small amount for a comparatively amount of ETH, essentially pumping the worth of PNK. Or, the DAO has got a lump sum of ETH for their own expenses AND had the Cooperative actively fulfill certain vital goals, which has made the ecosystem stronger and thus also pumping the worth of PNK. So it should be positive price impact no matter what.