Some facts about bonds:
OlympusDAO owns $315,000,000 in TVL purely from using bonds to bootstrap the DAO. The only service OlympusDAO provided was bonds and some interesting staking ponzinomics. But now, they have real sustainability because they will earn yield on $315M worth of liquidity into perpetuity that will provide services that will continue to grow the DAO. The difference between us & Olympus is that the ShadeDAO is sitting on top of multiple key DeFi primitives we own. The opportunity here is immense, and our flywheel is actually based on multiple services that we can improve for users with all of the acquired liquidity.
Some facts about constant-product rule pools and their inefficiencies:
If pairs are chosen that users demand, than even inefficient models generate a significant amount of volume that outpaces the inefficiencies of the model.