Iām still not convinced that the Hop Protocol/DAO would benefit from paying for liquidity, especially when liquidity isnāt a core component of the protocol (unlike an asset like SNX or RPL).
If the concern is truly to āallow new community members to purchase HOP without significant slippageā, then one option is the HOP DAO could place some single-sided HOP positions in Uniswap V3. This would provide liquidity for new users to buy HOP, and would end up diversifying the HOP treasury if the HOP value accrues.
What this wouldnāt do is provide exit liquidity, which is what I suspect this proposal is truly aiming for.
If the community does decide to spend money to increase liquidity, my preferred option would be using something like Bond Protocol to purchase LP tokens in exchange for tokens. This would at least provide permanent liquidity, owned by the DAO itself.