Selling CRV to accumulate a position in ETH/whatever for me presents an ethical issue that I’m not really willing to consider
Can you please elaborate on what the ethical concerns are with regards to selling CRV to divest a portion of our treasury and using that to invest in other cash flow generating activities?
If we really care about making Curve a self sustainable platform the obvious choice would be to collect a portion of trading fees and using that to replenish the community funds. Right now we split 50%-50% between veCRV and LP providers but perhaps that split can be 49% LPs - 49% veCRV - 2% treasury (just an idea, I am sure someone can do the math to figure how much that would generate roughly based on existing volume and potentially suggest a better split). This would remove the Curve developers from taking an active role in investing activies and let’s them focus on doing what they do best; developing the platform and growing the ecosystem to drive more volume which would ultimate generate more revenue for the treasury, LPs, and veCRV holders.
I think that given such an option, that the community would be more than happy to consider it as a viable alternative to what has been proposed here. Unfortunately, I am afraid that ship has already sailed and figuring out ways to make the community fund self sustaining has already been decided without any consideration from veCRV holders.