Project Name: Angle Protocol

Author Name: Angle Labs Team
Number of COLLAB tokens requested: 2,471,526
Recipient Address: Angle DAO Guardian multisig on Optimism: 0xD245678e417aEE2d91763F6f4eFE570FF52fD080

First of all, we’d like to deeply thank the Collab.Land community for this opportunity!

Overall, our goal will be to incentivize the intersection between our 2 communities, that is to say, DeFi users actively involved in DAO and communities.

After consideration, we propose to use our allocation in the following way:

30%:

Seed and lock liquidity in a base pool Uniswap V3 COLLAB - agEUR.

This should increase the availability of COLLAB, especially for European users. It’s also interesting because this liquidity will be “locked” and wouldn’t be mercenary like the one you get through incentivization

30%:

Incentivize LPing in a COLLAB - agEUR pool over a year.

We plan to optimize these incentives to give COLLAB holders a yield opportunity and maximize the efficiency of every COLLAB spent

25%:

Add COLLAB rewards to our contribution program (https://gov.angle.money/t/angle-contributions-program/365/17), with a focus on using the Collab.Land tech stack to improve the usability of community tools such as Discord, Telegram, etc.

These tokens would be distributed over a year every 2 weeks to the best contributor, so to 26 builders.

15%:

Keep COLLAB in Angle DAO multisig to give the DAO a significant weight and voice in the Collab.Land community