yeah, Balancer is great. Remains widely misunderstood in this space though.
Pretty sure AMPL is whitelisted, at least one of it’s pools. Will have to doublecheck that one.
My initial thought is to have Digg, Wbtc, RenBtc, sbtc, tbtc in the pool. Not sure about the weights though, Digg is throwing me off there.
The goal with this idea is 2 parts.
- creates a pool that will help arb the price of Digg, while providing all badgers an economical place to swap between the different products (could have the fee set pretty low, like 0.1%
- the pool is bootstrapped by the dao and becomes an LP Sett, while earning Bal tokens as an extra reward
I have this written more in depth on paper, but not home at the moment 