Instead of incentivizing LP we can use treasury to buy ETH and BTC and add permanent liquidity to Uniswap.
Benefits:
-We are swaping UNI for top assets which value will go up over time.
-There is no dump of new tokens. (New tokens are backed with underlying asset)
-We are earning more from every transaction and LP is growing organically.
-No risk that someone can take liquidity from us.
-As Bitcoin price and Ethereum price go up, the value of UNI assets go up as well.
Risk:
Is it wBTC really decentralized (safe)?
It sounds as win win solution for me.
Please write your thoughts on this idea.
Thank you.