--- tags: futures call --- # Raid Guild Round Table - 3/17/22 --- ### ~~Brands Participating in $WATER~~ BIG NO from the guild - TECC - GIVETH - PANVALA - BRIGHT - RAIDGUILD ##### HNY is nearly the only asset with backing (dwindling reserves) Creating a liquidity token to be paired with several different projects on gnosischain - sell water to get xDAI in the door and create liquidity agaist xDAI ### Ways this can go wrong - project tokens are only as good as their liquidity pools reserve assets - how many millions of dollars of project tokens do you have vs the reserve token asset - LPs are like a permissionless checking account - money in the pool represents money in the account - everyone gets a check to pull against that - projects with the highest reserves get rekd - projects with low reserves benefit #### Pros: - Pooling a portion of the $RAID treasury with other projects that will not dump on us and we will not dump on them - introducing a some-what solid liquidity program for the $RAID token such that we would be able sustain RAID token price? #### Cons: - Flop - No one buys water token - We lose 100% of the 100k - Fair token price - RAID might be undervalued in the basket - Undermining our ability to create liquidity for ourselves in the future - do we want to do a liquidity program for ourselves instead - we might compete against ourselves in the future for supplying liquidity - Brand dilution - what happens when we associate ourselves with these different groups ### Fair Market Value of RAID ?