Voted FOR this proposal. It’s great to see this type of experimentation aimed at enhancing the optionality and interoperability of USDRIF. After speaking with @tobyj, my understanding is that the first phase will enable users to deposit USDRIF and earn yield from a basket of yield sources. Subsequent phases, likely in January, will enable swaps from USDT0 and later USDC into USDRIF.
Since this is a prototype for testing, the goal is not to strengthen DeFi metrics such as TVL, liquidity, and volume, but rather to test new features before they are rolled out in production.
That said, it would be prudent for delegates to start thinking about how to strengthen USDRIF’s metrics to support accessibility, use, and low fees for users. Now that @Ignas has joined the collective, it would be valuable to hear their perspective.
Lastly, I think it’s a great idea to have delegates and the broader community participate in early product testing. Delegates, and the broader community, are some of the most committed users — having close proximity and access to the product team will significantly shorten feedback loops and allow for rapid iteration.
Looking forward to contributing!